Our industry is going through quite a wave of innovation and it's being powered by a phenomenon which is referred to as the cloud.

Developers, developers, developers, developers.

This is a great opportunity for Don, and I wish him success. I am incredibly proud of the work and vision culminating in Xbox One. I'm particularly excited about how Xbox pushes forward our devices and services transformation by bringing together the best of Microsoft.

Developers, developers, developers...

I'm very, very bullish about our prospects, and as I tell our board, as I tell our employees, this is the time to invest. There's so much opportunity. Let's just invest in that opportunity, and really get after it.

We're going to think big, we're going to bet big.

No. 1 thing is that life is just not as interrupt-driven as when you're running a company.