00:00The next-gen Xbox Project Helix console is set to launch by Christmas 2028 and it could cost
00:07anywhere between $1,200 and $1,800. That's according to a report from Fortune. According
00:15to the outlet's sources, a next-gen handheld device is set to be released by the 2027 holiday
00:21season, with the main console set to follow in time for the 2028 holidays. The report adds that
00:27Microsoft's internal projections suggest that the console will cost consumers between
00:31$1,200 and $1,800, though Xbox could choose to subsidize some of that cost, taking a loss
00:37on manufacturing the device. Fortune's sources also suggest that Microsoft's internal engineering
00:43deadlines for Project Helix have been moved up by several months, putting pressure on
00:47devs to get their work done faster, even if that means using AI. Meanwhile, Xbox's plan
00:52to lay off 3,200 developers continues. Fortune reports that 1,868 of those jobs have been
01:00cut so far, with more rounds of layoffs set to occur in October, November and January.
