'Xbox Is Not for Sale' — Asha Sharma Denies Reports That Microsoft Is Considering Selling Its Gaming Business

Xbox CEO Asha Sharma has denied reports suggesting Microsoft was considering selling its gaming business.

In an interview with the New York Times, Sharma declared: “Xbox is not for sale.”

“We will do whatever it takes to set the company up for success, and we will look at the right partnerships, the right operating model and everything needed to achieve that,” Sharma continued.

One of the big questions emerging from Sharma’s appointment as Xbox CEO earlier this year, and the subsequent layoffs and restructuring that have occurred in recent months, revolves around the long-term future of Microsoft’s gaming business. Will Microsoft sell off Xbox? Are the cuts and restructure laying the groundwork for a sale?

Details on a potential shakeup came from The Information (via Reuters), which said that Microsoft hadn't ruled out turning the Xbox brand into a wholly-owned subsidiary. …