MSFT may have lost their web edge (and I'd argue that had more to do with Google legitimately out-maneuvering them by starting over on a new browser design from

MSFT may have lost their web edge (and I'd argue that had more to do with Google legitimately out-maneuvering them by starting over on a new browser design from scratch than anything MSFT did), but in a sense they did "move on." Their stock value in the '90s when they got regulated was around $37; it's around $340 now. They pivoted to cloud services and their server products still do robust business.