Microsoft unveils Xbox One

  • Microsoft showcased its latest gaming console, the Xbox One, on Tuesday.

    The third generation Xbox, Microsoft’s first console release in eight years, interacts with users' televisions, responds to voice and gesture commands and includes Skype video calling.

    The Xbox One is set to face stiff competition from the upcoming PlayStation 4 by Sony and the new Wii U from Nintendo.

    In addition, over the last four years, console sales have dwindled as gamers turn to online and mobile games.

    Microsoft did not disclose a specific release date, stating only that it would be released later this year.

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