Jaroslovsky at Bloomberg implies a Microsoft short

He warns:

The search giant’s war with Microsoft Corp. is The Big One, the confrontation that will determine what kind of future Microsoft has, and maybe if it even has a future. And the two new weapons Google unsheathed last week carry an unmistakable message of mortal peril.
First came the Nexus S, the new Google-labeled smartphone and the first to run “Gingerbread,” Google’s latest Android operating system. Then came a plain black laptop called the Cr- 48, the first computer to run the company’s Web-based Chrome Operating System.

Google has the formula, Open Source Android on tablets is a key weapon. That combination will appear everywhere as value added vertical markets are organized around the information device.