Project Helix reportedly launching in late 2028, projected to cost between $1,200 and $1,800

Project Helix reportedly launching in late 2028, projected to cost between $1,200 and $1,800 Fortune reports that Xbox is also planning to launch a next-gen handheld device next year Project Helix is reportedly launching in the 2028 holiday season and is projected to cost between $1,200 and $1,800. Fortune recently spoke with Xbox CEO Asha Sharma and other sources familiar with Xbox and Microsoft, with the latter providing details on the current pipeline for Xbox's next-generation console. According to these sources, deadlines have been moved up "by at least several months" on Helix, "putting pressure on development teams to get the work done faster, including using AI. Xbox is also reportedly planning a Game Pass overhaul, which may allow players to select "add-ons for console-only games, cloud gaming, and multiplayer, with the system operating on a tiered structure." As of July 2026, Xbox Game Pass subscribers totaled less than 50% of the original target.