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What we know so far: Memory shortages from the AI boom have cast doubt on the release timing and pricing of Sony's and Microsoft's next-generation consoles. While rumors had pointed to a possible 2027 launch, a new report pushes that back another year and supports estimates that both devices could break the $1,000 barrier.

According to Fortune , Microsoft is aiming to launch its next-generation console, codenamed Helix, in time for the 2028 holiday season. As memory costs climb, its price has internally been projected at anywhere between $1,200 and $1,800, unless the company subsidizes the hardware.

Another new Xbox, a handheld, could arrive by the 2027 holiday season.…