Xbox One isn't Microsoft's last console, at least according to company exec Phil Spencer.

@BuldozerX I don't. I think local compute will be important for a long time.



— Phil Spencer (@XboxP3) January 13, 2014

@JanolsenJan @BuldozerX You can look at mobile, connected to faster networks, more cloud services but local power still increases each gen.



— Phil Spencer (@XboxP3) January 13, 2014

The head of Microsoft Studios took to Twitter yesterday to offer his outlook on the much-discussed idea that the current generation of consoles will be the last.With the increasing interest shown by both Sony and Microsoft towards cloud gaming, there's been speculation that the PS4 and Xbox one could be the last consoles we'll see. Throw in Valve's recently announced Steam Machines and there's a bit of a question mark over the future of the home console market.Still, it seems Microsoft has no plans to jump ship just yet, though admittedly it's unlikely the company is thinking about any future consoles right now. Ubisoft's CEO Yves Guillemot recently stated that he'd like to see another batch of consoles after the recently-launched ones, though has been very vocal about his desire to see a generation last five years instead of seven or eight

Luke Karmali is IGN's UK Junior Editor. You too can revel in mediocrity by following him on Twitter