The video game console market "isn't growing," Microsoft Gaming CEO Phil Spencer said in a new interview, and that's part of the reason why you don't need an Xbox to play Xbox these days.

“We’ll definitely do more consoles in the future,” Spencer confirmed, “and other devices”. “Other devices” may refer to the oft-reported Xbox handheld, which Spencer said earlier this week was in the pipeline but was likely still years away.

For anyone paying close attention to the growing handheld gaming field, you may have seen a rumor or two over the last year that Microsoft is supposedly working on an Xbox handheld. It would stand to reason the company would jump on the bandwagon after Steam and Asus blew the doors off with wild success,

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 revealed today that Xbox is looking to break into the handheld space, but its final product could be years away.

Microsoft is in a weird place with its current console offerings, but it looks like the company is planning to take launch a new Xbox handheld.