Is Microsoft a technology company?

I never quite thought about Microsoft or some related companies in quite this way before:

You have to think of companies like Microsoft or Oracle or Hewlett-Packard as fundamentally bets against technology. They keep throwing off profits as long as nothing changes. Microsoft was a technology company in the ’80s and ’90s; in this decade you invest because you’re betting on the world not changing. Pharma companies are bets against innovation because they’re mostly just figuring out ways to extend the lifetime of patents and block small companies. All these companies that start as technological companies become antitechnological in character. Whether the world changes or not might vary from company to company, but if it turns out that these antitechnology companies are going to be good investments, that’s quite bad for our society.

It doesn't seem to be quite as crazy an idea as it might appear at first glance. Guess we'll have to see whether or not they'll be able to build on stuff like $299USD VR headsets