Microsoft is reportedly planning to launch its next-generation Xbox console in late 2028, but gamers may have to pay a hefty price to get their hands on it. According to a report by Fortune, the tech giant internally estimates that the upcoming console could cost between $1,200 and $1,800 unless the company decides to subsidise its price. Notably, the current Xbox console prices were hiked in the United States by Microsoft from August 1, 2026, by $100 for 512GB models and $150 for 1TB models.
The report also suggests that Microsoft plans to release a next-generation handheld gaming device during the 2027 holiday season, followed by its next Xbox console during the 2028 holiday season.
