I think the Next Xbox should be a premium price console

[Pemalite]

Xbox Series X is already a premium priced console.

At $1049 AUD for the 2TB model, you can buy a Steamdeck for $649 AUD or even an RTX 3050-RTX 4060 gaming laptop for about $1000 AUD (During a sale for the 4060 variants)

For mass consumer appeal they need to hit the lowest price point they possibly can.