Xbox, PlayStation, And Nintendo Console Market "Isn't Growing," Phil Spencer Says

The video game console market "isn't growing," Microsoft Gaming CEO Phil Spencer said in a new interview, and that's part of the reason why you don't need an Xbox to play Xbox these days.

"The console space all up isn't growing, across all of them [Xbox, PlayStation, and Nintendo]. We love those customers, but in terms of continuing to expand and grow Xbox, it's about PC, it's about cloud, and it's about making our games more available in more places," Spencer told Rolling Stone.

Just because the console market isn't growing, that doesn't mean Microsoft is abandoning consoles. Spencer said Microsoft will "definitely do more consoles in the future," as well as "other devices."

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