Microsoft Confirms Next-Gen Xbox Console Development
Microsoft Gaming CEO Phil Spencer has confirmed the company will develop its next Xbox console as a first-party product. The announcement comes amid reports of significant internal pressure to improve profit margins within the Xbox division. Industry observers now expect the next console generation to launch between 2027 and 2028.
Xbox Reaffirms Hardware Commitment Amid Internal Pressures
Microsoft is pushing forward with development of its next-generation Xbox console despite what sources describe as significant internal turbulence within the gaming division. According to recent reports, the company has directed its Xbox leadership to achieve a demanding 30% profit margin target, creating pressure that reportedly contributed to widespread layoffs and canceled projects earlier this year.