How to parse date "2015-05-12T07:00:00Z" to "MM/dd/yyyy" format

Hi

When i am retrieving date using soap end point, I am getting date in format  "2015-05-12T07:00:00Z" .

Could any one tell me how to parse this date format in "MM/dd/yyyy" in my html web resource.

Thanks in advance.

puja jain