Steve Ballmer has read this manifesto at some convention not long ago:
The 5 dimensions of the cloud:
The cloud creates opportunities and responsibilities
The cloud learns and helps you learn, decide and take action
The cloud enhances your social and professional interactions
The cloud wants smarter devices
The cloud drives server advances that drive the cloud
If you're a Microsoft developer and that didn't scare you, i don't know what will. Scare you in the sense that there are moron MBAs running microsoft. At this point Microsoft=100%marketing, very little content.
DISCLOSURE: I'm an open-source guy just peeking over the fence to see what's new on the dark side .