Microsoft is working on emulators to run old Xbox games on PCs and the upcoming Xbox Helix

Xbox is struggling – in its latest quarterly report, Microsoft reported that Xbox hardware sales were down 13% and that Xbox content and services revenue was down 10% compared to the same period last year. The recent price hikes aren’t helping the situation either. However, the tech giant may have a plan to leverage the storied Xbox name – backwards compatibility.

In a leaked memo seen by The Verge, Microsoft tells game publishers that it is working on official emulators that will support every console generation: the 2001 original, the Xbox 360, the Xbox One and the latest Xbox Series…