Microsoft got nothing but grief when it killed its Kin smartphone this month, a decision that looked like a misstep for the software giant as it struggles to stay on the cutting edge.
The move could not have come at a more delicate time, with Microsoft's longtime business of selling software in a box rapidly being replaced by the sale of applications over the Web. The company is facing competition from rivals, such as Google, offering word processing and spreadsheets online free of charge, and it recently lost its place as the most valuable tech stock to Apple.
Microsoft is now working to transform itself into a one-stop shop for Web-based software and, as part of that strategy, is betting big on the growing popularity of cloud computing, which takes software off the desktop PC and moves it to networks of data centers accessed via the Web. more.......
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