In an interview with Bloomberg’s Dina Bass, Microsoft (MSFT) Gaming head Phil Spencer conffirmed that the company does have plans to release an Xbox handheld device, though he noted that such a platform is years away from release. Spencer told Bloomberg that the “expectation is that we would do something,” and that the Xbox maker is currently working on prototypes and considering what it might do. The Xbox boss also said in the interview that the company may still be eyeing acquisition opportunities, with “geographic diversity,” including in Asia, potentially being worthwhile, the report notes.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MSFT:
- Wall Street Is Pounding the Table on Nvidia (NASDAQ:NVDA) Ahead of Earnings
- Microsoft management to meet with Jefferies
- Market-Beating SCHG ETF: Simple and Effective Exposure to U.S. Growth Stocks
- Microsoft exec sells $3.05M in common stock
- Two European Startups Rise Up to Challenge Google (NASDAQ:GOOGL)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
