No pricing plans for the brand new console had been revealed at a gala occasion forward of the opening of the Digital Leisure Expo (E3) online game business gathering.
The brand new Xbox was promised to be launched in time for the Christmas vacation procuring season in 2020.
“For us, the console is important and central to our expertise,” Spencer mentioned throughout a media occasion that showcased 60 new video games for Xbox.
Xbox battles within the console gaming enviornment with Sony, which is engaged on a brand new technology PlayStation.
The dedication to consoles by longtime contenders available in the market comes with the rise of video video games hosted as subscription companies streamed Netflix-style from information facilities within the web cloud.
Xbox additionally introduced on the E3 occasion that it’s including the power for gamers to stream video games of their libraries for play on cell gadgets with Sport Cross subscriptions.
“We’ll carry Xbox to the cloud with Venture and console streaming,” Spencer mentioned.
“The place you play is completely your alternative, you determine.”
The brand new service might be previewed later this yr, in keeping with Microsoft.
The E3 opens with players steadily shifting away from conventional console play and Google in search of to capitalize on that development with a brand new Stadia service permitting individuals to play cloud-powered video games on any linked system.
Adapting to the brand new developments might be vital for gamers within the large online game business, which final yr generated greater than $135 billion globally, and $43.four billion in america.
In accordance with the Leisure Software program Affiliation, which runs E3, greater than 164 million adults in america play video video games, and three out of 4 US households have not less than one online game participant.