[Avshalom]

Yes in a hypothetical future where microsoft loses massive amounts of money it may need cut spending and double down on it's existing competencies.

But that's a pretty damn facile statement.

It can be said of any company that has a revenue stream. The only ventures that's not true for are governments with sovereign currencies (and even then there are limits)

[Tsts]

Well the future is hypothetical by definition, isn't it? MS has two choices now - invest in R&D and try to secure new markets or make maximum profits for it's shareholders from exiting markets. MS may not "need" to cut spending but every billion they spend on projects like Kim, Bing, Surface is a billion that could've been dividend or share's buy in.