Microsoft reported its latest quarterly earnings results Wednesday, revealing that gaming revenue decreased $113 million

Microsoft reports Xbox hardware revenue has fallen by 29% in the last quarter amid widespread speculation about its future console strategy.

Since Xbox Live launched in 2002 on the original Xbox, Microsoft has charged for its multiplayer service. However, with talk now beginning to swirl around a next-generation Xbox device, sources speaking with Windows Central suggest that Redmond will drop the paywall.

Microsoft’s next Xbox will run full Windows beneath a TV-optimised console shell, enabling PC storefronts like Steam.

Microsoft CEO Satya Nadella delivers comments on the new hybridized strategy for Xbox gaming hardware and software: 'We're going to be everywhere'

The new Xbox platform is said to be a "premium" experience, and now we have some details on what it'll look like.

(Bloomberg) -- Microsoft Corp. is asking its Xbox gaming division to produce profit margins that are well above the industry average, ratcheting up pressure on its video-game makers during a difficult time for the field at large.