Microsoft is planning a next-generation Xbox console under the codename Project Helix, with an anticipated release date of 2028 and a projected retail price ranging from $1,200 to $1,800, according to a new report cited by multiple outlets including IGN, Polygon, and Ars Technica.
The price range, if accurate, would place the hardware well above any major gaming console released to date. Neither Microsoft nor any named executive has publicly confirmed the figures or the codename.
According to IGN, a separate Xbox handheld device is also reportedly in development and is expected to reach the market in 2027, making it the earlier of the two hardware releases. That would position the handheld as a distinct product launching ahead of Project Helix rather than alongside it.
Ars Technica's coverage of the same report also noted that the Windows and Xbox teams are said to have had internal disagreements over the operating system experience for next-generation gaming hardware, though details on the outcome of those discussions were not specified.
The $1,200 to $1,800 price window reflects what Microsoft reportedly expects the hardware to cost, though it is not clear from the available reporting whether that figure represents a finalized manufacturing estimate or an early internal projection. Console pricing at this level would represent a significant departure from the current market, where flagship hardware from Microsoft and Sony typically launches in the $500 to $600 range.
No release date, formal product name, or specification details have been officially announced by Microsoft.
