I'm not really sure how my copy of Excel and Word running on my work laptop (and subscribed to monthly) should qualify as "cloud revenue".. We do host our email on their cloud servers, but according to their own sales team, that is worth $5/month per subscriber for email only. Yet we pay $20/month per user for the full office suite installed on their systems. (and more for people with other tools like Microsoft Visio and Project) Its not a "no true scotsman" its that many of their products have no cloud component at all.