Xbox executive Phil Spencer hinted at this possibility in an interview with Bloomberg that was published on Wednesday. As he put it, the "expectation is that [Xbox] would do something" in the handheld gaming market and the company is working on prototypes right now.

Microsoft Gaming boss confirms future plans for a handheld Xbox, but why wait years for hardware when the experience is already here?

Just a heads up, if you buy something through our links, we may get a small share of the sale. It's one of the ways we keep the lights on here. Click here for more.Xbox's current focus is on improving the Xbox app experience on existing handheld devices.