Xbox head honcho Phil Spencer told Bloomberg on Tuesday that "the expectation is that we would do something” when it comes to a handheld gaming device. Bloomberg says that Microsoft is working on prototypes and researching the market, but that Spencer says any retail device is still a few years out.

Microsoft gaming head Phil Spencer has made no secret of his interest in an Xbox handheld to compete with the best handheld gaming PCs ... Spencer made it clear that the device isn’t coming anytime soon. In the interview, Spencer told the publication ...

Microsoft CEO confirms development of handheld Xbox, still in prototype stage. (86 characters) Microsoft aims to replicate Nintendo's handheld success, learning from past failures. (85 characters) Introduction of handheld Xbox may expand market appeal,

Microsoft Gaming CEO, Phil Spencer, has finally put an end to rumours and confirmed plans for making an Xbox handheld. During an interview with Bloomberg, Spencer outlined longer-term goals for continuing to build devices.

Microsoft Gaming CEO Phil Spencer both acknowledged and poured cold water on persistent rumors about an imminent Xbox handheld announcement during a recent interview with Bloomberg. “[E]xpectation is that we would do something,