Xbox chief Phil Spencer has recently been doing the interview circuit, mixing up his usual advocacy for Microsoft's slate with some more eyebrow-raising claims: Such as that, after the jobs bloodbath that followed the Activision-Blizzard acquisition,

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.

Microsoft and Xbox have invested millions of dollars in acquiring major studios over the past few years. Thanks to this, Xbox Game Studios has expanded like never before and is currently one of the industry’s most prominent development forces.