According to Xbox head Phil Spencer, Microsoft is still planning to release gaming hardware following the launch of the Xbox Series X and Xbox Series S, despite the games industry leaning more towards an all-digital, cloud-based future. Speaking to Yahoo! Finance, Spencer confirmed that Microsoft is still planing on developing dedicated gaming hardware, at least in the short term, even though services like Xbox Cloud Gaming, Google Stadia, and Amazon Luna are changing the ways the world plays games. "In terms of future hardware, absolutely I think we're going to see more console hardware down the road," Spencer stated, "Just like in video, just like in music, it's not that streaming has cut off device innovation.