Did Microsoft come back from death?

I was reading an old article by Y Combinator’s founder Paul Graham titled Microsoft is Dead, written in 2007.

His point was that in 2007, nobody –meaning nobody in the startup scene, or nobody who cared about computers– was scared by Microsoft anymore. Microsoft was effectively dead.

It’s been five years since the dark wizard was thrown of the company. I wonder if we can already say that Microsoft is coming back from death.