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The Verge October 22, 2026 positive

The next-gen Xbox won’t cost you $1,800. It can’t. Can it?

MicrosoftAI / LLM
<figure> <img alt="A close-up of the Xbox Elite Series 2 controller, showing its matte black finish." data-caption="An Xbox Elite controller. | Photo by Antonio G. Di Benedetto / The Verge" data-portal-copyright="Photo by Antonio G. Di Benedetto / The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/23516635/adbenedetto_220508_5192_0047.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> An Xbox Elite controller. | Photo by Antonio G. Di Benedetto / The Verge </figcaption> </figure> <p class="has-drop-cap wp-block-paragraph"><a href="https://fortune.com/2026/10/20/the-non-gamer-ceo-racing-to-save-microsofts-xbox/"><em>Fortune</em> dropped</a> a bombshell report on the future of gaming this week. According to the publication's Microsoft insiders, the next Xbox is <a href="https://www.theverge.com/news/1014666/xbox-project-helix-launch-2028-rumor">projected to cost between $1,200 and $1,800</a> when it arrives in 2028. </p> <p class="wp-block-paragraph">My first reaction: The next Xbox is dead on arrival. It's DOA. </p> <p class="wp-block-paragraph">My second thought: Microsoft <em>knows</em> people won't pay that much. It couldn't possibly charge that much money if it wants next gen to be a success. "I wouldn't release it at all," former Microsoft exec Mike Ybarra <a href="https://x.com/Qwik/status/2112635731185463710">recently said</a>.</p> <p class="wp-block-paragraph">My third thought: Didn't Microsoft <em>already</em> <em>say out loud</em> that it knows people won't pay that much? </p> <ul class="wp-block-list"> <li><a href="https://www.bloomberg.com/news/articles/2024-11-13/microsoft-s-gaming-chief-is-still-looking-for-acquisitions-sees-future-growth">Didn't old Xbox boss Phil Spencer say</a> "We're no …</li></ul> <p><a href="https://www.theverge.com/games/1016134/xbox-helix-price-1800-isnt-affordable-editorial">Read the full story at The Verge.</a></p>
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