Microsoft announces new dream team partnership with AMD on a 'portfolio' of next-gen Xbox devices, all with backwards compatibility with existing games

Microsoft has just dropped a video showcasing their plans for future Xbox hardware based on AMD technology. The main takeaways? First, Xbox will become a "portfolio" of devices including traditional console, PC and handhelds. Second, backwards compatibility with existing Xbox games is central to the new strategy.

Xbox President Sarah Bond has fronted a new video on the official Xbox YouTube channel, spelling out Microsoft's plans for future Xbox hardware. Superficially, the big news is a partnership with AMD.