Microsoft Launches Xbox One

Microsoft has done it again with the launch of its new gaming console, Xbox One, said to provide an all in one experience for home users.

For the past two years, Microsoft has led the gaming industry in console sales with the Xbox 360. But it's been eight years since the machine came out, and Microsoft is the last of the three major console makers to unveil a new system.

The stakes are higher as Microsoft, Sony and Nintendo are all using their latest machines to not only draw gamers but also command the living room.