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Inside Microsoft's ambitious plan to build the future of Xbox, from a Netflix-style gaming service with blockbuster games to brand-new consoles

Business Insider | Jun 18, 2019, 04.30PM IST

Phil Spencer Microsoft E3 2019

Dan Steinberg/Invision/AP

Xbox leader Phil Spencer at the annual Xbox press briefing in Los Angeles.

When it comes to game consoles, Microsoft's Xbox One has been handily defeated by Sony's PlayStation 4 - the latter boasts nearly 100 million sold, while Microsoft outright stopped reporting Xbox console sales numbers.

Estimates put the Xbox One somewhere in the range of 30 to 60 million sold. It's no slouch, but Microsoft's game console isn't likely to catch up.

And that's why it's good news for Microsoft that a new Xbox is just over the horizon.

Xbox leader Phil Spencer, above, detailed the next-generation Xbox console - currently codenamed "Project Scarlett" - in Los Angeles last week. 

Business Insider was there, and we spoke with Spencer directly afterward about the future of Xbox.

Get the latest Microsoft stock price here.

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