A new report sheds more details on Microsoft's plans for new Xbox hardware, including a new handheld device and console, and one of the biggest takeaways is the alleged price. According to Fortune , the Project Helix console could cost between $1,200 and $1,800, unless Microsoft opts to subsidize the cost. The system could launch in 2028, the report said. It's not uncommon for platform-holders to eat some of the cost of a new console and make up the difference with software and services. When the Xbox Series X and S platforms launched in 2020, then-Xbox CEO Phil Spencer said Microsoft was losing as much as $200 on every console it sold. Project Helix might be very expensive. Part of what might be driving up the price for new consoles is the ongoing AI-fueled memory and component shortages. Microsoft itself is one of the biggest proponents of the build-out of all things AI, so its own eff