Every company has failures and successes. For every a zune there is also xbox, Kinect and PC periferals. For iPad there are Apple TVs and Newtons, etc. What's the point?
Here are the last six quarters prior to Q3 2012, all profitable
http://betanews.com/2011/10/20/microsoft-q1-2012-by-the-numb...
http://betanews.com/2011/07/21/microsoft-q4-2011-by-the-numb...
http://betanews.com/2011/04/28/microsoft-q3-2011-by-the-numb...
http://betanews.com/2011/01/27/microsoft-q2-2011-by-the-numb...
http://betanews.com/2010/10/28/microsoft-q1-2011-by-the-numb...
A few profitable quarters does not make up for years of losses. Here are some charts for you to make it painfully clear which divisions are profitable and keep MS running:
http://www.businessinsider.com/chart-of-the-day-microsoft-lo...
http://www.businessinsider.com/chart-of-the-day-microsoft-pr...
My opinion is MS has squandered both the smart phone market lead they had nearly 10 years ago and the TV space as the XBox would have been an obvious Apple TV/ Google TV type platform.
Whether MS can dig themselves out of the hole remains to be seen, at this point I have little faith, but as along time MS proponent now converted to Apple, I would still like to see them succeed, but I do think that will require a leadership change.