I saw Skype character (executive) singing the praises of MS acquiring them and extolling the synergies because both Skype and MS innovated, blah, blah, blah. It was at that point I stopped the video, he had nothing meaningful to say. It was just rhetoric. MS hasn't innovated in 20 years. Windows 7 is good (whatever Mac OS X/LINUX people, it's great for gaming) but MS has drawn its revenues from product lines that are now decades old. That is not innovation.
Arguably one could give MS a point for the XBox360. However a gaming console isn't innovating. On a tangent they can be awarded points for XBox Live which is more robust for multi-player gaming and has engendered strong communities. Sony's PSN isn't as strong, something you'll consistently hear from many people, including those who cover the video game industry, e.g., Machinima.com.
There tends to be a lot of fanboy hatred against MS but the reasons people cite are generally crap. I live in Seattle and many tech people I've talked agree that MS' biggest problem is the person at the top - Steve Ballmer. He has no vision whatsoever and at best is a chief operating officer.
Ballmer can't even hire someone to find new locations for retail fronts... so what does he do, he opens stores by Apple's . Microsoft erected a big(ger) store just a few doors down from Apple's in one of the malls in the Seattle area (Bellevue Square). MS couldn't even pick some other part of the mall, it had to be close to Apple's. Wow, just wow.
We all know who the omega is here.