Multiple sources shut down rumors that Microsoft is working on bringing Xbox 360 and original Xbox titles to PC and handhelds via Xenia emulation.

"Xbox is creating an emulation for 360 and original Xbox games," he said. "This emulator will allow you to run Xbox 360 and original Xbox games...on all the platforms on which you can use the Xbox ...

Laura Fryer, one of the original Microsoft Game Studios producers from 1995, believes that Xbox hardware is dead and MSFT will exit the console business.