XBox would not be able to exist as a standalone company. A spin-off would most certainly mean a takeover by another giant, and as much as I dislike Microsoft, I am actually glad that XBox is not their core business, meaning they will not seek huge investments into it in the future.
I am glad that MS is focusing their spending more on the other areas, giving them much less funds to moneyhat popular franchises as exclusives or timed exclusives Tomb Raider-style. I am afraid if XBox got spun off, and purchased by Amazon, Google or Facebook, they would unleash the checkbook and steal away many many titles from the loyal fanbase.
After the Tomb Raider PR debacle, I doubt MS will decide to pull a stunt like that again.











