Actually there have been rumors that investors wanted MS to drop or spin off the console. I cannot remember any rumors on MS themselves going down this line. Do not forget that Satya is looking to make MS a tools and service company. The Xbox brand is still one of their best devices to deliver the service part. With that, investment on strengthening the Xbox brand is in their best interest.
Microsoft's Xbox Live has become the envy of all other online-gaming services. Yet, speculation abounds that Nadella will try to trim the fat at Microsoft and sell off the Xbox division to another company. Xbox doesn't fit into Nadella's vision for Microsoft, reports say, and he's willing to drop the division for the right price. But Nadella should consider such a move carefully. While gaming might not fit into Microsoft's core enterprise software and services business, the Xbox division is too big and too important for Microsoft to sell off even as it tries to move deeper into the mobile hardware market.