Xbox division will not be sold off, says CEO Satya Nadella
Microsoft CEO Satya Nadella, who took the helm in February following Steve Ballmer’s 14 years leading the technology giant, has made it very clear he has no plans to sell off the Xbox division. Speaking to reporters at a conference in California, Nadella stated in no uncertain terms that he had “no intent to do anything different with Xbox than [Microsoft] are doing today.”
His remarks come after intensifying pressure from investors and some industry veterans who have been intimating that Microsoft should spin off the entertainment arm of the organization. Nadella further discussed his vision of Microsoft, noting a shift to mobile and cloud from the company’s tried-and-true devices and services alignment.
Software, Nadella explained, is “the most malleable resource” and on occasion, good software needs the right hardware: “[Hardware] is the thing that is really going to power all the experiences on all the devices today and tomorrow. In order to be in the hunt for those experiences, and get it right, you do need to from time to time build devices, so you don’t leave anything to chance.” It’s a very vertically aligned approach, and one that has worked well for Apple.
Source: The Verge