Xbox Helix console delayed to 2028, handheld to 2027, with $1,200-$1,800 price tag

Key points

• Project Helix console launch delayed to 2028, with a handheld device launching in 2027.
• The console is projected to cost $1,200 to $1,800 without Microsoft subsidies.
• Microsoft and AMD have a multi-year partnership for a portfolio of devices.
• Xbox and Windows teams are clashing over the software direction for Helix.
• Xbox CEO Asha Sharma is planning layoffs in October, November, and January.

Background

In September 2026, leakers reported that the custom chips for the Xbox Project Helix and PlayStation 6 had completed the tape-out stage, with the Helix chip reaching 56 TFLOPS. Memory shortages and high demand from AI data centers have driven up component costs, delaying next-gen GPUs and impacting console pricing.

How outlets are covering it

The Verge and Kotaku both cite Fortune's report on the 2028 console launch and 2027 handheld, with Kotaku emphasizing the $1,200-$1,800 price tag and memory cost pressures. OpenCritic notes that both Xbox and PlayStation are navigating complex economic challenges, with Sony stating it does not intend to sell hardware at significant losses. Shattered.io provides background on the current ROG Xbox Ally lineup, noting that the X20 model launched in October 2026, but does not confirm the 2027 handheld release date.

Why it matters

The delayed launch and high price tag for Project Helix could impact Microsoft's gaming strategy and consumer adoption, especially as memory costs rise and Xbox's install base struggles to grow. The internal clashes between Xbox and Windows teams may also affect the software direction and user experience of the next-generation console.

What to watch

Microsoft is expected to announce more details about the Project Helix console and handheld device in the coming months, with the console launching in the holiday season of 2028 and the handheld in the holiday season of 2027. Xbox CEO Asha Sharma is also planning layoffs in October, November, and January, which could impact the development and marketing of the next-generation console.