A Fortune report detailing Xbox chief executive Asha Sharma's first year reveals that Microsoft has shifted its timeline for the next-generation console, now targeting a 2028 launch for Project Helix. The company confirmed it will not accelerate the console's release, though hardware development continues toward a 2027 milestone. Among these plans is a first-party Xbox handheld, distinct from third-party devices such as the ROG Xbox Ally, which previously tested Windows-based gaming functionality. Pricing details remain unconfirmed, though industry analysts project a $1,200 to $1,800 range for the eventual console, significantly above the $500 price point of recent generations. The handheld market currently features devices averaging $1,000, positioning Microsoft's offering above entry-level competitors like the Steam Deck. While the handheld may carry less processing power than a full Helix console or a Series X, its pricing trajectory reflects broader market trends toward premium hardware configurations.