Xbox President Sarah Bond has confirmed that Microsoft's next-gen console is in development. There's been no shortage of rumors and speculation surrounding the company's future console plans, especially amid recent price controversies and the release of its ASUS-manufactured handheld. Many details about the next-gen Xbox are still a mystery, but fans now know there is something in the works at Microsoft after all.

New leaks suggest the next-gen Xbox will be expensive but more powerful than the PS6

Gaming hardware as a whole has struggled to sell as well as in the past, apart from some notable exceptions like the Nintendo Switch 2. Tariffs and other macroeconomic factors have also cast doubt over price accessibility, leading some to believe big changes are in store for future systems. Some have even claimed that the next-gen Xbox was no longer a certainty, although Microsoft has denied these rumors. Now, gamers have some additional clarity from the company.

Xbox Series X console models in front of Star Wars Outlaws TV 2x1 composite
Insider Shares Exciting Update on Next-Gen Xbox Console

A Microsoft insider provides an exciting update on the current development status of the next, tenth generation of Xbox consoles.

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Xbox President Sarah Bond Confirms Microsoft Is Currently Developing Its Next-Gen Console

In an interview with Variety, Bond said "we have our next-gen hardware in development," while outlining some of Xbox's plans beyond its recently released handhelds. While she didn't go into specifics, she did mention the company has at least begun designing and prototyping. Bond also said Xbox is partnering with AMD on the project and will make an announcement about that partnership before long. Big AMD-related news would line up with an earlier leak claiming that AMD is making the largest-ever APU for the next-gen Xbox, which will help the console outperform the PlayStation 6, which will also run on AMD components.

Xbox reportedly canceled its in-house handheld over AMD's high production requirements

During the interview, Bond also hinted at future hardware outside the successor to the Xbox Series X and S. The Xbox executive said the company has recognized an opportunity "to bring gamers another choice, in addition to our next-gen hardware." This could refer to an internally produced handheld, although it's rumored Xbox scrapped its first-party handheld after AMD wanted a staggering production target to make SoCs for the system. Of course, those are just rumors, but there are also many ways the company could offer gamers more choices outside a different portable console. Fans will have to wait for more official information to know for sure what Bond was suggesting.

new xbox controllers

Whatever the future of Xbox consoles looks like, the company has an uncertain road ahead of it. On one hand, Xbox Game Pass set a new revenue record in fiscal year 2024, but hardware revenue fell by 22% during the same period. Microsoft also faces public backlash over price hikes for both its hardware and subscription services, so it will be interesting to see if and how these trends affect the rollout of the next-gen Xbox and whatever else may come with it.

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Xbox Series X Tag Page Cover Art-1
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Brand
Microsoft
Original Release Date
November 10, 2020
Original MSRP (USD)
$499
Operating System
Proprietary (Windows-based)
Processor
Custom AMD 8-core Zen 2 3.8 GHz
Resolution
720p - 4K UHD
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HDR Support
Yes
Storage
1TB WD SN530 NVMe SSD
Wi-Fi
Wi-Fi IEEE 802.11ac
Ports
AC, Ethernet, USB x3, Storage Expansion, HDMI
Dimensions
151 x 151 x 301 mm
Weight
9.8 LBS
Hardware Versions
Xbox Series X
VR Support
No
App Store
Microsoft Store

Source: Variety