Asha Sharma, the head of Microsoft's Xbox division, has denied recent rumors that the gaming division might be sold. In an interview with The New York Times, she stated clearly that "Xbox is not for sale." This comes despite ongoing speculation that the division could eventually become an independent entity, possibly through a partnership with another company instead of being directly owned by Microsoft. Sharma emphasized that the Xbox division is focused on ensuring the company's success through strategic partnerships, innovative business models, and other necessary steps. She noted that Xbox currently has 500 million monthly gamers and plans to expand its reach in Africa, Latin America, and South Asia through cloud gaming. The division contributes about 6 percent of Microsoft's total profits and includes several key areas: home console gaming systems, the Xbox Cloud Gaming streaming service, and online services like the Xbox network and Xbox Game Pass. The Xbox division has undergone significant restructuring in recent years, which has included mass layoffs and the closure or sale of several studios. By the fiscal year 2027, approximately 3,200 positions are expected to be eliminated, with the first wave affecting around 1,500 employees. Microsoft has also transferred Rare and the Halo franchise to Activision and proposed the closure of Ninja Theory, while cutting an additional 268 positions. Despite these changes, Sharma remains committed to the long-term vision for the division. She indicated that Xbox will continue to operate under Microsoft's umbrella but may no longer be reported on the company's financial statements. This approach, she said, would strengthen Microsoft's financial position while allowing Xbox to operate with greater autonomy. The restructuring also involves reorganizing Halo Studios and making strategic changes to the Fallout and Diablo licenses, which are expected to show results in several years. Additionally, Microsoft has announced plans to allow developers to make their existing Xbox 360 games available for purchase and play on PC, as part of a backward compatibility initiative.