I don't think so
customers drawn to cloud computing would never buy an EMC, HDS or Netapp array in the first place. they're more likely to have their data sitting on direct attached storage running RAID0 on 1TB SATA disks, and have 1 poor schmuck doing everything. So what difference does it make if they dump their crap into the cloud. But customers with serious apps and mission critical data surely wouldnt move it to the cloud. Also, even if all the companies in the world decide to entrust their data centre operations to Microsoft (god forbid), their data has to sit on some form of storage. Whichever storage vendor does business with Microsoft is likely to benefit. So not ALL storage vendors will lose out. Some likely to gain from this.