"In the end, I've said over and over, I have to run a sustainable business inside the company," says the Microsoft Gaming CEO.
The latest video for Phantom Blade Zero provides an uninterrupted look at the game's combat and exploration.
Spencer also suggests that a hypothetical Xbox handheld would likely run games natively, rather than stream them through the cloud.
Clock Tower: Rewind will take players back to 1995 as they explore the point-and-click adventure game-styled horror trappings of the classic experience.
Among other things, Core Keeper is getting the ability to fight other players, as well as a new biome with its 1.0 update.
Rather than managing individual teams, Copa City will instead task players with organising entire football events with different teams involved.
Call of Duty: Black Ops 6 will make use of texture streaming to save on space, forcing an internet connection for even the single-player campaign.
A new trailer also showcases some of the explosive combat in Mecha BREAK's multiplayer modes.
After several delays, Flintlock: The Siege of Dawn finally has a proper release date on all platforms.
The Soulslike action RPG will launch for PlayStation 5, Xbox Series X/S, and PC at some point in 2025. It will also be available via Game Pass.
Players will take on the role of Expeditioners and set out on a quest to end the cycle of death of the Paintress.
The upcoming season of Sea of Thieves will kick things off with a bang with a boss fight world event against Captain Flameheart.
The single-player survival game is developed by the studio behind the Sniper Elite and Zombie Army franchises.
World of Warcraft will kick off the Worldsoul Saga with the first expansion of the planned trilogy, The War Within, in August.
Fallout 76 players will be able to travel across the Savage Divide to southern Appalachian areas once the update hits.
The physical release of Alan Wake 2 will need players to download updates and the second DLC separately.
Phantom Blade Zero's developers also reveal that the game is inspired by Wuxia and Devil May Cry, despite its Souls-like influences.
MechWarrior 5: Clans is a story-focused standalone spin-off of MechWarrior 5, offering the same dense gameplay.
Helldivers 2 is getting a host of improvements soon, including changes to enemy spawns and patrols.
Starship Troopers: Extermination is coming to consoles on the same day as its exit from Early Access on PC.