Here are 7 quotes from Microsoft CEO Satya Nadella that offer insight into Microsoft's tremendous cloud gains over the past couple years and which direction the company is headed toward.
"Cloud is just emerging, but it's high growth."
"The mobile-first, cloud-first is a very rich canvas for innovation - it is not the device that is mobile, it is the person that is mobile."
"Everything is going to be connected to cloud and data...All of this will be mediated by software."
"At our core, Microsoft is the productivity and platform company for the mobile-first and cloud-first world."
"Now, at Microsoft, the watchword is intelligent cloud."
I'd say it's safe to assume that the future will be cloud-based.