Microsoft is still a great company. But what most of you are talking about are vapourware, products that have not shipped and are supposed to be the killer. Windows 8, Phone 8 are all products of tomorrow, but iOS, iPhone are products that have been in the market for sometime.
What Apple is building in an ecosystem, something Microsoft does not get. People will be able to start working on a document on their Macs and finishing it up on their iPads on the way home without doing anything. You content, music and contacts will appear mystically in all the devices you sign in. Can Microsoft beat that? I will be the first one to admit that Apple did not invent the cloud, but they were the ones who seem to get it and what it is supposed to be. Apple sells lifestyles and culture, Microsoft sells products. And that the difference.
This year Apple will also surpass Microsoft in terms on revenue and profitability.
True Microsoft is not going anywhere, but it will have to fight to stay in the game.