Microsoft Gaming CEO Phil Spencer warned that Xbox handheld is still in prototype stage and a few years away.
A recent report claimed that an Xbox handheld might arrive later this year, but it is related to Microsoft's Xbox platform work to compete with SteamOS.
Microsoft's plans for Xbox platform focus on the unification of Windows and Xbox, with changes expected later in 2025.
The report generated headlines about an Xbox handheld arriving in 2025, but the reality is more nuanced.