Has Microsoft become "soft" and is becoming "micro" as well?

Microsoft’s huge profits — $6.7 billion for the past quarter — come almost entirely from Windows and Office programs first developed decades ago. Like G.M. with its trucks and S.U.V.’s, Microsoft can’t count on these venerable products to sustain it forever. Perhaps worst of all, Microsoft is no longer considered the cool or cutting-edge place to work. There has been a steady exit of its best and brightest.
What happened?

That is what a former Microsoft VP discusses in this NY Times oped.

The Silicon Valley/Seattle rivalry seems to be tilting again in favor of California.  Meanwhile, Boeing is spreading its wings (ha, pun!) into South Carolina. So, it will be left to Amazon and Starbucks to prop things up?