Quote

I think Microsoft will have to change. I think that the business of Microsoft, the company of Microsoft, is going to continue to succeed. But I think the business model of Microsoft is going to have to change.

The unique value that Microsoft can add is around productivity and platforms. Productivity is broadly something we can uniquely do.

If you bet on Microsoft, you are not going to ask anymore, 'Hey, where is the innovation?' The challenge going forward is how do we keep up with it.

Driving up the value of the advertising is a big commitment for Microsoft.

Well we have a good working relationship with Microsoft at the development level. But let's not kid ourselves, this is a company with enormous resources and talented people, and there is a certain pride that comes along with that for them and for us.

From Xbox in the previous generation to Xbox One, it's fundamentally transformed.

The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster, and continue to transform.

As the leadership team, we're taking bold and decisive action to evolve our organization and culture. This includes difficult steps, but they are necessary to position Microsoft for future growth and industry leadership.

As a result, we will continue to see more innovation on the Internet and on mobile phones than on consoles.

Online console gaming will continue to grow at a healthy pace.