Dennis Durkin (pictured), COO and CFO of Microsoft's Interactive Entertainment Business (the maker of Xbox 360), expresses that the company will not be making any dedicated handheld gaming device. In an interview with Industry Gamers, he explains that the mobile gaming market is too crowded, making it extremely difficult to successfully launch Microsoft's own handheld gaming device. Durkin even compares the market to “a very, very red ocean,” with the blood of Nintendo 3DS soiling those waters, as marked with its reasonable success although its lofty expectations from fans were not reached.
Gadget.com, Microsoft Exec Admits Xbox 360 Will Not have a Handheld Counterpart
