Microsoft keeps dropping subtle hints about the next-gen Xbox console.

Microsoft has confirmed that its next Xbox console is on the way, and from the sounds of it, it will be an expensive one. The company revealed it will partner with AMD to make the device with new performance levels, graphics, and compatibility.

Earlier this month, Microsoft confirmed that the next-gen console is planned to follow the Xbox Series X, with a reported target release window of 2027. To achieve this, the company has announced a partnership with AMD. Additionally, Microsoft has stated that the new console will be “fully compatible” with users’ existing Xbox game libraries.

Earlier this month, tech YouTuber Moore’s Law is Dead posted a video showing what he claims to be the main processor for the next Xbox console, stating that he too believes Microsoft is reportedly positioning the next Xbox console to be a hybrid system capable of not only playing games on the Xbox Store, but also PC games on other stores.

Two new reports have emerged with industry insiders claiming that both the PlayStation 6 and the next Xbox console are targeting a 2027 launch. The first comes from 'KeplerL2' on NeoGAF, an insider who previously and accurately reported on former AMD hardware, who said that the next PlayStation console will be released in 2027 (via VGC ).

The upcoming PlayStation 6 is rumored to cost half the price of Microsoft's next-generation Xbox console, which is expected to have a $1,200 price tag.