Chrome OS poses long-term threat to Microsoft

has to deliver on the promises it's made, including Windows 7. More importantly, it has to deliver on the work that's being done under the general heading of Azure," he said, referring to the company's cloud-based version of its operating system. "Deliver on that and on Office Web," Cherry advised.

Rumors circulated today that Microsoft will make major announcements revolving around both Azure and Office Web next Monday when it kicks off its annual Worldwide Partner Conference in New Orleans.