Phil Spencer
Image: Xbox

Rumours about Xbox's future have been circulating online recently, with the company to directly address this in a "business update event" early next week. There have been some pretty wild claims so far, but apparently, nothing is "set in stone" according to Insider Gaming's owner Tom Henderson.

He has been speaking to a "few folk" at Xbox, and the team is apparently "very surprised" at the extent of the current rumours, as other than a few games (Hi-Fi RUSH and Sea Of Thieves) potentially being released on other platforms, nothing else has been "set in stone". Here's what he had to say:

"Make of this what you will, but speaking with a few folk over there, they [xbox] was very surprised at the extent of the "rumours" because nothing was set in stone apart from Hi-Fi and SoT from what I've gathered.

"Honestly sounds like for the most part it's been a prime example of Chinese whispers or people just making s*** up to capitalise off the hysteria. It will be interesting to see what is said because the rumours seem to be fueling decisions that might need more time in the oven so to speak."

Henderson adds to this, mentioning how Xbox is "actively" discussing everything right now, but if Microsoft said this publicly it may just create more drama. It's believed, however, that the rumours doing the rounds online right now could result in the company having to make a decision sooner rather than later.

"It's all actively being discussed. It'd probably cause more drama if they said "we're discussing it" - That's why it will be interesting to see what they say because the rumors have just sped up the amount of time they have to decide."

What do you make of all the rumours so far and what do you think Phil and team Xbox might have to say next week? Tell us in the comments.