As a shareholder, I'm also witnessing complacency at the top of the food chain within MSFT. E.g., Board of Directors. Analogy: In the NFL you have a couple of owners that could care less about putting a competitive team on the field. Why? Complacency. They're guaranteed to make money regardless if the team win or lose. This is what I see with MSFT.
Noticed a lot of criticism regarding the current CEO. While I will not get into the childish name calling attacks, a change at the top is long overdue.
Reasons: many. One, MSFT is consistent and amazingly always two or three steps behind their competition. Second, with a boat load of cash sitting on the books, failure to pull-off the Yahoo deal was inexcusable. Lastly, and the one I would consider most egregious relative to business - complacency.