The next Xbox could cost far more than players expect. A Fortune report published on 20 October says internal estimates put Microsoft’s Project Helix console between $1,200 and $1,800, a range that assumes the company absorbs none of the hardware cost. The figure is a projection, not an official price.

When is the next Xbox expected?
According to the report, the plans target the holiday 2028 window for the home console, with a next-generation handheld aimed at holiday 2027. Microsoft has not turned either date into a commercial announcement for buyers. The same report describes a Game Pass restructure built around optional add-ons, cloud gaming and multiplayer among them, inside a multi-tier subscription. No final bundle prices exist for those tiers.
For now the numbers are not a basis for budgeting or for pricing the console locally, because subsidy and regional pricing are both undecided. Earlier Games Mix coverage of Project Helix keeps what Microsoft announced separate from what reporters have been told.