Xbox executive Phil Spencer hinted at this possibility in an interview with Bloomberg that was published on Wednesday. As he put it, the "expectation is that [Xbox] would do something" in the handheld gaming market and the company is working on prototypes right now.

For anyone paying close attention to the growing handheld gaming field, you may have seen a rumor or two over the last year that Microsoft is supposedly working on an Xbox handheld. It would stand to reason the company would jump on the bandwagon after Steam and Asus blew the doors off with wild success,

Microsoft Gaming boss confirms future plans for a handheld Xbox, but why wait years for hardware when the experience is already here?

Microsoft Gaming CEO Phil Spencer revealed today that Xbox is looking to break into the handheld space, but its final product could be years away.

That being said, this is a massive win for the Xbox community and fans who have long awaited Microsoft's move regarding a gaming handheld PC device from the company, especially as rumors fueled this possibility over the past year.

Hoping to get your hands on an Xbox handheld console? Well, the company says it's not launching any time soon.

Rumors have been flying all year that Xbox is working on a PC gaming handheld. On Wednesday, Microsoft Gaming CEO Phil Spencer confirmed that plans are underway, though it sounds like an actual portable device is still a few years out.

Microsoft gaming head Phil Spencer has made no secret of his interest in an Xbox handheld to compete with the best handheld gaming PCs, such as the Steam Deck OLED and Asus ROG Ally X. But in an interview with Bloomberg,

Phil Spencer just confirmed that Microsoft wants to release an Xbox handheld. He also said that the company is still working on an Xbox mobile store and exploring more studio acquisitions.