Project Helix "might be Microsoft's last attempt to make their hardware business work," analyst suggests: "There is nobody in this industry who believes there will be another Xbox if this next machine fails"

Xbox Series X and controller.

It's been a wild few weeks for Xbox fans, from Phil Spencer's departure after almost 40 years to yesterday's reveal of the mysterious Project Helix – but hopefully, it's the mark of a bright future for Microsoft's gaming division.

If it's not, and Project Helix fails, there might not be any future Xbox hardware at all anymore – or so analyst Dr. Serkan Toto, CEO and founder of Japanese game industry consultancy Kantan Games, thinks.

Speaking with GamesRadar+ following the announcement of Project Helix, he first explains what he believes Microsoft's end goal is. "This might be Microsoft's last attempt to make their hardware business work," says Toto.