Summary
Xbox announced it is developing a new console called Project Helix, aiming to boost its brand. This console is expected to play both Xbox and PC games but details about its specifications, appearance, and price are still unknown. Xbox also faces challenges with current market conditions and a drop in its gaming revenue.
Key Facts
- Microsoft confirms work on a new Xbox console called Project Helix.
- The console will play both Xbox and PC games, which is new for the brand.
- No details have been shared on the console's specs, appearance, or price.
- There's concern about a release date due to rising component costs.
- Xbox boss Asha Sharma mentioned more details would come at the Game Developers Conference.
- Xbox's revenue recently fell, with gaming revenue down 9% and hardware revenue down 32%.
- Xbox has a service called Game Pass, letting users play many games for a monthly fee.
- Xbox plans to release major new games, including Fable, in 2026.
