Is XBOX coming out with a new console?

Yes — Microsoft/Xbox has publicly indicated it is working on new Xbox hardware, including future next-generation Xbox devices. However, if you mean a true successor to the Xbox Series X|S, the key details to verify are still the official name, release window, price, specs, and launch games.

What’s safe to assume right now:

• A new Xbox generation is expected, but you should not treat any exact release date or price as confirmed unless it comes from Xbox/Microsoft directly.
• Rumors about handhelds, hybrid devices, or PC-like Xbox hardware may not all refer to the same product.
• If you’re deciding whether to buy now, the Xbox Series X is still the safer choice for the best current Xbox performance, while Series S is the cheaper entry point.

Best move: check Xbox Wire, the official Xbox social channels, or a major Xbox showcase announcement before making a purchase based on “new console” rumors.