Microsoft's Phil Spencer has confirmed that work is underway on an Xbox handheld, but don't expect it anytime soon. Spencer also teased other Xbox IP could be coming to other platforms, so it might not be so crazy to think that Halo could some day end up on the PS5 (or other future console).

On Wednesday, Xbox head Phil Spencer confirmed Microsoft is working on Xbox handheld gaming prototypes, though such a device is "years out."

The “This Is an Xbox” campaign has turned some heads recently. With the gaming company continuing to push accessibility rather than hardware, it raises the question: Are the console wars finally over?