• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
NewslettersData Sheet

‘We should have a handheld’—Microsoft Gaming CEO Phil Spencer hints at a new Xbox form factor

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
June 10, 2024, 12:12 PM ET
Microsoft Gaming CEO Phil Spencer, pictured in 2017.
Microsoft Gaming CEO Phil Spencer, in 2017.Patrick T. Fallon—Bloomberg via Getty Images

Let’s be honest, there’s only one thing most of the tech world is interested in today: Apple’s most important Worldwide Developers Conference (WWDC) in years, at which it will reveal its possibly make-or-break AI strategy. But Tim Cook’s crucial keynote is taking place as this newsletter comes out, and we already gave you some previews a couple days ago, so right now let’s talk about gaming.

Recommended Video

It’s increasingly looking like Microsoft will reveal a proper Xbox handheld. Yesterday, after the annual Xbox Games Showcase, Microsoft Gaming CEO Phil Spencer made an appearance at IGN Live, and one of the things he was asked about was the possibility of making a version of the legendary console that users can carry around with them.

Now, Spencer has previously declared his enthusiasm for the concept of handhelds, but this time he wouldn’t even let his interviewer finish the question. “We should have a handheld!” he exclaimed. Spencer wouldn’t go so far as to confirm it was coming, but he did say “the future for us in hardware is pretty awesome” and professed excitement about the work his team was doing on “different form factors.”

Spencer also said he finds the ability to play games locally “very important” in a handheld, which should make sense to anyone who ever finds themselves out of range of an internet connection. That would be a major distinction between the hypothetical Xbox handheld and Sony’s PlayStation Portal, which came out late last year and which only streams games from the PlayStation 5 via the cloud. “I like my ROG Ally, my Lenovo Legion Go, my Steam Deck,” Spencer said, referring to handhelds that take the on-device gaming approach.

It should also be noted that Sony is rumored to be working on a new PlayStation handheld that also runs games locally—a successor to the classic PlayStation Portable or PSP, which ran games off a little optical disc called the Universal Media Disc, and was available between 2004 and 2014. But again, that’s just a rumor, and even the Xbox handheld remains in the realm of the theoretical for now.

As for stuff that’s actually been announced, Microsoft used its showcase yesterday to reveal new, disc-free versions of its Xbox Series X and S consoles, which it hopes will catch on with buyers when available for the upcoming holiday season 2024 (and no, I also can’t believe I’m already writing that phrase). Sony is widely expected to release a PlayStation 5 Pro around the same time; both companies will be hoping these launches pull them out of an industry-wide sales slump for consoles and games alike.

So there you go—non-Apple news is still happening! More of which below.

David Meyer

Want to send thoughts or suggestions to Data Sheet? Drop a line here.

NEWSWORTHY

“Addictive feeds” law. New York state is poised to get a new law that will force social media companies to get parental consent before showing algorithmically organized “addictive feeds” to under-18s. The state legislature has passed a bill requiring this—the Stop Addictive Feeds Exploitation (SAFE) for Kids Act—and Gov. Kathy Hochul is expected to sign it, TechCrunch reports. If so, social media firms will have to get that permission or show kids non-addictive feeds that are simply listed in chronological order.

LinkedIn gives in to EU rules. LinkedIn has scrapped a tool in Europe that let advertisers target users on the basis of their group memberships, to comply with the new Digital Services Act (DSA), which governs online content in the EU. As Reuters notes, this follows a complaint by civil society organizations, which said the LinkedIn tool breached DSA rules forbidding ad-targeting based on sensitive personal data such as race, political opinions, and sexual orientation.

Indian telecoms in space. The Financial Times reports that India’s biggest telecoms companies, Bharti Airtel and Reliance Jio, are about to launch satellite internet services in the country. Elon Musk’s SpaceX still hasn’t won approval to launch Starlink services in India, but Bharti Airtel’s joint venture with the Anglo-French Eutelsat OneWeb could go live this month, with JioSpaceFiber following later this year.

SIGNIFICANT FIGURES

20%

—The drop in home and office printing since the pandemic, according to HP chief Enrique Lores, who blames hybrid work. “There are less people in the office every day, and this has driven the amount of pages down,” he said, according to The Register. Good news for trees, of course.

IN CASE YOU MISSED IT

Jensen Huang created a unique culture at Nvidia that allows the AI chip leader to move ‘very, very fast’, by Jason Ma

CHIPS Act faces talent shortage despite $500 billion investment: ‘We have to make semiconductor manufacturing sexy’, by Dylan Sloan

IMF official delivers stark warning on AI’s potential to turn an ordinary downturn into a severe economic crisis, by Jason Ma

Elon Musk’s $56 billion Tesla pay package to get ‘no’ vote from Norway’s sovereign wealth fund, by Bloomberg

Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing, by Bloomberg

Nevada is expanding electronic voting for Native American tribes. That ‘high-risk activity’ has some election security experts worried, by the Associated Press

BEFORE YOU GO

Arm vs Qualcomm. As Qualcomm prepares to give the Arm processor architecture a big boost in the new category of Copilot+ AI-enabled Windows PCs, a licensing dispute could halt shipments, Reuters reports. Somewhat incredibly, the dispute is between Qualcomm and Arm, which sued Qualcomm a couple years ago, claiming that Qualcomm should have negotiated a new Arm license when it bought the processor firm Nuvia.

Nuvia had been designing Arm-based server chips, but after the purchase, Qualcomm redirected the team to work on the laptop processor that will now power Copilot+ PCs; Arm claims Qualcomm should now either pay extra royalties or destroy Nuvia’s designs. “There is a degree of absurdity of Arm suing its second-biggest customer, and Qualcomm being sued by its largest supplier,” D2D Advisory CEO Jay Goldberg told Reuters.

This is the web version of Fortune Tech, a daily newsletter breaking down the biggest players and stories shaping the future. Sign up to get it delivered free to your inbox.
About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

She learned accounting before she was a teenager. Now she’s bringing Wall Street to the blockchain
NewslettersMPW Daily
She learned accounting before she was a teenager. Now she’s bringing Wall Street to the blockchain
By Sheryl EstradaApril 17, 2026
6 hours ago
Meet the crypto guru to the Fortune 500
NewslettersCFO Daily
Meet the crypto guru to the Fortune 500
By Sheryl EstradaApril 17, 2026
8 hours ago
The startup Blackstone just backed to turn any exec’s data question into instant answers
NewslettersTerm Sheet
The startup Blackstone just backed to turn any exec’s data question into instant answers
By Allie GarfinkleApril 17, 2026
11 hours ago
The first wave of bank earnings shows why ‘resilience’ is Wall Street’s favorite word
NewslettersCEO Daily
The first wave of bank earnings shows why ‘resilience’ is Wall Street’s favorite word
By Diane BradyApril 17, 2026
11 hours ago
Netflix cofounder and chairman Reed Hastings on July 10, 2025 in Sun Valley, Idaho. (Photo: Kevin Dietsch/Getty Images)
NewslettersFortune Tech
End of an era: Reed Hastings steps down from Netflix
By Andrew NuscaApril 17, 2026
12 hours ago
An AI protest
NewslettersEye on AI
Anti-AI sentiment is on the rise—and it’s starting to turn violent
By Beatrice NolanApril 16, 2026
1 day ago

Most Popular

Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire
Success
Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire
By Preston ForeApril 17, 2026
11 hours ago
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescue
Economy
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescue
By Nick LichtenbergApril 16, 2026
1 day ago
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
By Sydney LakeApril 15, 2026
2 days ago
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
Politics
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
By Sydney LakeApril 16, 2026
1 day ago
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
Success
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
By Orianna Rosa RoyleApril 16, 2026
2 days ago
NYC Mayor Zohran Mamdani points at Ken Griffin's $238 million penthouse on tax day: 'Today we're taxing the rich'
Personal Finance
NYC Mayor Zohran Mamdani points at Ken Griffin's $238 million penthouse on tax day: 'Today we're taxing the rich'
By Catherina GioinoApril 16, 2026
24 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.