Vanity Fair has a sneak peak (via DF) of the new article on ‘Microsoft’s Lost Decade’. The next 5-10 years are not going to be a fun time for Microsoft fans. Check out Horace Dediu’s charts of Windows lead over Macs steadily deteriorating since it’s peak in 2004.
This statistic from the VF article slapped me in the face pretty hard:

Today, a single Apple product–the iPhone–generates more revenue than all of Microsoft’s wares combined.

As MG Siegler noted, there’s a lot of smoke around the supposed iPad ‘mini’. Things are only going to get harder for Microsoft as it gets up to speed and merges onto the tablet highway. I have plenty of popcorn in my cabinet. This is going to be a fun show.