There will be a new Xbox console in 2027, claims source – but you might have to wait longer for Helix

Only recently we suggested that like the PlayStation 6, the next-gen Xbox console – currently codenamed Project Helix – will be delayed until 2028 at the earliest. Now another source has repeated that claim.

In a profile of Xbox CEO Asha Sharma, Fortune revealed that "plans" include releasing "the next console by the holidays in 2028".

However, we could see another device before then. It is also claimed that there will be a "next-generation handheld device" by the end of next year.

Unfortunately though, Fortune also wrote that Helix could cost as much as $1,800 (£1,344) with today's component market taken into consideration. The business outlet revealed that internal projections priced the console between $1,200 and $1,800.

That's if the components crisis continues, of course. And as I said about the PS6 in my latest report, delayed release dates could allow Sony and Microsoft to reduce their costs.

I spoke with an LG executive at IFA in September who told me RAMageddon could be over by the end of 2027, early 2028 at the latest. That could enable memory and NAND storage prices to become more sensible before console production begins.

Hopefully, the savings will then be passed onto the consumer in the form of lower price points.

After all, who would want to spend the equivalent of a decent gaming PC on a new console? The PS5 Pro currently retails for $899 / £789 and that's considered far too expensive by most.

It also depends on Helix's capabilities. Original plans were to release a premium PC/Xbox hybrid, which can play both types of games at a high level. However, reports have since said that the plans have been adjusted, to keep the console more affordable.

That could also have contributed to the delay. Either way though, existing Xbox Series X/S (and PS5) owners can rest safe in the knowledge that their consoles will continue to be fully supported for the next few years.