https://www.cnet.com/news/microsoft-at-e3-2018-says-its-building-what-could-be-the-next-xbox-game-console/

With all the talk about cloud gaming this year, a technology that allows you to play high end games over the internet to any device no matter how powerful, fans have begun to wonder: Will Microsoft and Sony stop making Xbox and PlayStation consoles?

Well, Microsoft is planning at least one more generation of Xbox consoles. "Our hardware team... is deep into architecting the next Xbox consoles," said Phil Spencer, Microsoft's press conference at the Electronic Entertainment Expo in Los Angeles. He promised that the team will continue to "deliver on our commitment to delivering the benchmark on console gaming."