A new report claims that Microsoft will launch their new Xbox console in 2028 – but it could set you back as much as $1800.

READ MORE: Has gaming outpriced the average player?

Last year, former Xbox boss Sarah Bond said “ the next-gen console is going to be a very premium, very high-end curated experience .” She also said the new Xbox would “deliver the next generation of graphics innovation [and] unlock a deeper level of visual quality, immersive gameplay and player experiences enhanced with the power of AI.” The comments about a “very high-end” experience sparked rumours that the new Xbox could cost as much as $1000 .

In March, new Xbox chief Asha Sharma officially confirmed that the new console would be known as Project Helix and said she was hoping to make it “ affordable ”.

A few months later though, she admitted that Microsoft were struggling to keep the costs down due to a “hardware component crisis ,” known by many as “RAMmageddon” , with the cost of memory chips rapidly increasing as more…