Microsoft has been rethinking its gaming investments for some time. The company, which fired hundreds of people from Activision Blizzard, also announced that Xbox will stop selling physical games. It was then rumored that Xbox would become completely cloud-oriented and stop producing consoles. However, the statement on the subject came from Xbox President Phil Spencer.
Xbox will continue to develop consoles
According to the details of the meeting held within the company, Xbox President Phil Spencer confirmed that the company will continue to invest in game consoles. He stated that the company needs to maintain hardware support and that they have to release an Xbox console.
Leaks last week revealed that Microsoft may follow in Sega’s footsteps and stop developing consoles. It was claimed that the company would only focus on distributing games on other platforms such as PlayStation.
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This has raised concerns among Xbox gamers about the long-term prospects of Xbox Series X/S. However, CEO Spencer put an end to these rumors in a meeting with Xbox employees. Accordingly, Spencer said that Microsoft has no plans to stop console production.
Spencer also said that Xbox hardware will remain at the center of the company’s gaming strategy going forward. This news relieved both Xbox players and users waiting for a new console.
Microsoft has invested heavily in recent years with initiatives like Xbox Cloud Gaming. Although it has expanded its efforts beyond the physical console, it wants to maintain its presence in the console world. Spencer said that more details about Microsoft’s “gaming vision” will be shared later this week.
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