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Microsoft CEO believes Xbox must evolve into a financially sustainable business
Bang Showbiz - Gaming / VideoElephant
Microsoft CEO Satya Nadella said the XBOX "streamlining", or "reset", has been "great" and he "feels fantastic" about the IP the company is currently working on.
The tech giant's next-gen console, XBOX Project Helix, is already "deep in development" after being officially teased, sparking speculation about its release date, price, specs and hardware.
Reports suggest the console could be a hybrid gaming PC and backwards compatibility is also expected to remain a major part of Microsoft's next-generation XBOX strategy.
Follow Indy100's XBOX Project Helix live blog below for all the latest confirmed news and updates, release date, price, hardware, alleged specifications, disc drive news, backwards compatibility developments, Game Pass changes and the latest leaks and rumours.
Microsoft CEO Satya Nadella very happy with XBOX 'streamlining'
Microsoft CEO Satya Nadella has said XBOX's "streamlining", or "reset", has so far been "great" and he "feels fantastic" about the IP the company is currently working on.
Speaking on Sources Podcast, Nadella said: "I feel fantastic about the IP we have right now.
"If I look at the studios, the IP portfolio we have and our ability to then take that and produce great games going forward, I feel fantastic.
"There's some amount of streamlining the team is doing and Asha [Sharma, XBOX CEO] is doing which is great to see and then we have to invent the right sustainable business model that allows us to deliver gaming to more and more people.
"That has always been the goal, which is to be a great publisher and great platform provider for games, across both PCs and XBOXs."
This comes after 268 employees across XBOX Game Studios were laid off with a number of projects and studios shuffling around, including Activision working on the next Halo game and Bethesda expanding to include Obsidian which will continue work on its current projects including the new Fallout "project" and Grounded.
Elsewhere from Indy100:
- In Pictures: All the new IKEA XBOX home gaming collection pieces
- New Fallout game from Obsidian has got everyone saying the same thing
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