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Next Xbox could cost $1,200 to $1,800, Fortune reports

Microsoft reportedly projects Project Helix for holiday 2028. Microsoft has not confirmed pricing.

Leaked on 20 October 2026

Current Xbox Series X and Series S consoles on a store shelf
Current Xbox Series X and Series S consoles on a store shelf. Photo: Kyu3a / Wikimedia Commons, cropped (CC BY-SA 4.0)

Microsoft has internally projected that its next console, Project Helix, could cost consumers between $1,200 and $1,800 "unless Microsoft decides to subsidize the cost," Fortune reported in an October 20 profile of Xbox CEO Asha Sharma. DiscussingFilm (@DiscussingFilm) shared the figures on X.

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VGC relayed that the console targets the 2028 holiday season and that Xbox plans a next-generation handheld by holiday 2027. Ars Technica also covered the projection.

The figures are internal projections, not retail prices, and Microsoft has not announced pricing.

Sources