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I don't know where that idea of xb division closing down come from.... Probably some tool on gag that read that valueact big dog wanna be pathetic try at changing MS
anyway there are more chances to see Sony or even Nintendo go under than MS stopping the Xbox.... Why?? Well because Xbox is way more than a console for MS... It is yet an other alternative product to compensate the PC decline while keeping their ecosystem present in our daily lives...
Xbox is more a long term answer to apple and google TV and all the rokio box or whatnot than really competing on the pure gaming market....
Xbox is part of that entertainment and media consumption frenzy going on along with the rise of tablet and smartphones.... There is a reason why Xbox brand is becoming the entertainment symbols across the entire ecosystem.. The only way xb goes away, is if they can put it in the cable box, directly in TVs or make it work entirely cloud based.... Until then XB is here to stay...