There is some truth to that Microsoft is less prepared for the slimmer margins than Google and Amazon is, who are veterans of this space. Their cloud services

There is some truth to that Microsoft is less prepared for the slimmer margins than Google and Amazon is, who are veterans of this space. Their cloud services has higher overhead simply because they stick with Microsoft tech for obvious reasons. Microsoft also has more focus on their sales force which may not be such a good idea when/if Office dies. Time will tell.