The Preterist view: They see this passage as not in chronology with the previous and coming verses. Some see this as a literal war in heaven while others as a metaphor for something else. Some see this about Jesus’ crucifixion and resurrection. Others in this camp see this as the woman’s flight into the wilderness. Some see Michael and Jesus as indistinguishable, which is what the Jehovah’s Witnesses believe, while others take what this passage says and believe they are representations or separate beings. The angels also receive varying meanings; some see them as the Apostles, others as demons, or a story to teach what is truth and what is false. Some see this as Satan’s fall and the conclusion to his power and influence on Christians, while others see that Satan is still active. Most see Satan as unable to go before God and accuse us because he has been thrown out of heaven. At the very least, most believe Satan is limited to what he can do because of the Cross.
The Futurist view: They see this passage as the battle of angels and demons in heaven as portrayed in Daniel 12. Some see this as the beginning of the great tribulation, or in the middle, while others see this as just pertaining to spiritual warfare. Others see this as Satan being cast out of heaven while others see it as the war over the attempt to stop salvation and the work of Christ. Some see this as a template of how Satan operates and seeks to battle Christians and/or the defeat of Satan. Others in this camp see Satan nurtured by the blood of the Lamb and our victory over Christ. Others see this as a story to keep our faith in times of persecution from Satan or from men. A short time indicates that this passage is about Satan being bound during the millennial kingdom before he is let out for the final time.
The Idealist view: They see this passage as a retelling of the spiritual conflict of the previous passage in verses 12:1-6. Some see this as a play, depicting spiritually the events of how Christ prevailed with the cross and with His resurrection and atonement, while others see it mainly as the focus of the defeat of Satan. Most see all of this together and the state of the new age of the Covenant we have with Christ. Satan’s role here is seen as the accuser who seeks to bring condemnation, which Christ stopped and thus neutered his role to trick us before God and activity, but still has the power to influence us. Apparently, Satan may have had the role to bring condemnation to humans before God, but the work of Christ stopped that. Now, only our rejection of Christ brings condemnation. In the meantime, Satan will do all he can to bring it on to believers as much as he can and as long as he can; however, we do not need to fear this with Christ in us.
The Historicist view: They see this passage as metaphor of the struggle of the Church and its conflict with heathenism outwardly and apostasy inwardly, and the victory of the Church. They set the dates as during the Emperor Julian in 361 to 363; the casting out of the dragon was the expulsion of pagan Rome being replaced with Christianity, and the Church’s growth and spread. Yet, the troubles don’t stop for the Church; the struggles continue both inwardly and outwardly, but the Church will prevail!