Microsoft working on new Cloud gaming service

Microsoft working on new Cloud gaming service

Microsoft confirmed that it is working on new Xbox hardware during its E3 2018 press conference.

"As of March 31, its Xbox One had a global install base of 39.1M units; Sony's PlayStation 4 had 76.6M, according to IHS".

Xbox will be on the show floor at E3 alongside numerous other biggest names in the industry when the doors of the convention open on Tuesday. It will be interesting to see how the E3 showcases factor into future sales. This might be referring to other devices that support the next-gen console.

Microsoft is reportedly planning to launch the next-generation Xbox console in 2020. Experts believe that it might be possible that Microsoft is reassessing streaming devices given its focus on a new game streaming service. "As the market shifts, Microsoft is strongly positioned due to its Azure capability", Harding-Rolls said.

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"In this context, Microsoft's cloud division gives the company a natural advantage when trying to build a profitable business". He claimed that he got a glimpse of content about hardware products from Microsoft that are yet to be released and will likely be launched in the next two years.

The release date of 2020 for the new Xbox console may appear to be too close to the 2017 launch of the Xbox One X. However, considering the current status of the Xbox in the video game industry, a 2020 launch may be necessary for Microsoft to keep pace with its rivals. "The company's new gaming cloud division started at the end of previous year, which is essentially Microsoft's version of 'Netflix for video games". Spencer didn't spill any specific details, mind.

Making the announcements ahead of the opening of gaming trade show E3 next week, the company previewed a range of exclusive titles and new instalments in popular series Halo Infinite and Gears 5.

"Exponential increases in computing power, storage and speed will lead to the streaming of realistic, systemic, densely populated and persistent game worlds to any screen", said Yves Guillemot, chief executive of French video game powerhouse Ubisoft.

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