Microsoft's Gaming Chief, Phil Spencer, remains open to acquisitions even after their massive $69 billion Activision Blizzard deal. He aims to expand Microsoft's presence in handheld gaming and mobile stores, with a focus on geographic diversity, particularly in Asia. Spencer is keen on partnering with creative teams, especially in China, to enhance their gaming portfolio. The company is also exploring innovative handheld devices and improving Xbox app compatibility with portable gadgets. While Microsoft plans a mobile game store, regulatory challenges with Apple and Google delay its launch. However, Spencer is optimistic about open platforms offering more choices for users and creators. Despite a challenging year, Spencer sees growth in cloud and PC gaming, believing in a promising future for Xbox hardware and games, emphasizing the need for creative business models to reach new players without relying solely on high-cost consoles.