It does but as you say due to the emperor's new clothes every few years, the loyalty isn't there now. I know of no companies doing greenfield desktop dev that are using any of their tech. It's all Qt, CEF, python/wx and JavaFX. Even the financial companies we deal with who were pretty heavy with the WPF are canning it next cycle.
Incumbent MFC, Winforms and WPF stuff will live as long as VB6 did (and still does) though.
Edit as HN won't let me reply (submitting too fast). In Europe and JavaFX also has hardware acceleration as does CEF as it uses Chrome's rendering engine.