Microsoft In Midst of Image Crisis posted an analysis of Microsoft’s position in the tech industry, saying that the software giant is looking to regain its glory days of growth by becoming competitive in booming markets, such as online advertising and gaming.

While Halo 3 and the Xbox 360 are doing great, the Vista launch is profitable but not as good as the company probably had hoped for. Moreover, the Zune is a failure so far, despite the fact that they just announced their second generation players this week.

Microsoft is still looking to make headway online, as they’re a distant third to Google and Yahoo in search results. Their recent mobile search push could also help with this.

Microsoft looks to remake itself []