Report claims next Xbox is targeting 2028 and could cost between $1,200 and $1,800

Microsoft is reportedly planning the Project Helix console for a holiday 2028 release, with an estimated consumer cost between $1,200 and $1,800, unless subsidized. This follows a planned next-gen handheld launch by the 2027 holiday season. According to a Fortune profile of Xbox CEO Asha Sharma, engineering deadlines for Project Helix have been moved up by several months. These prices represent a significant increase over the current Xbox Series X, which sells for $799.99.