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Xbox more than a game console for Microsoft

Microsoft Corp is all set to release it's coming console on May 21st 2013 (Tuesday) and this coming new version of Xbox is after 8 years of it's previous one as Microsoft seeks a large share of $65 billion a year global computer gaming industry.

Microsoft's coming new Xbox faces some big competition from Playstation 4 by Sony Corp and Wii U by Nintendo Co Ltd in a shifting market.

Gamers are attracted for online play - suggesting Hey ! day of console games are over but Microsoft wants it's Xbox to cross the bridge to the mainstream and become the family's entertainment center.

http://www.networkworld.com/community/files/imce/img_blogs/microsoft_office.jpg

"Core gamers are very hungry for a new machine but the difference between 2005 and now is that the stakes are so much higher," said Ryan McCaffrey, executive editor at entertainment website IGN.com, harking back to Microsoft's last Xbox release. "The entire Xbox experiment from Microsoft was for it to be the center piece of your living room."

Console gaming still takes the lion's share of a growing gaming market - about 42 percent of the $65 billion world market, according to Microsoft. But playing games on smartphones and tablets, or as an offshoot to online social networks, is gaining ground fast.

Console sales have been in decline for the last four years because of aging devices, but the first of the new generation of machines has not reignited the sector. Nintendo's Wii U, launched in November, had sold only 3.45 million units through the end of March, well below the company's initial forecast of 5.5 million. Hopes for Sony's PS4, teased in March, are low key.

Let us know what you think about Microsoft's console reveal on May 21st 2013 in comments below !! 
 
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seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf
seeks a larger share of the $65 billion a year global computer gaming industry. - See more at: http://www.indianexpress.com/news/new-xbox-more-than-a-game-console-for-microsoft/1117801/#sthash.8mKXYFFg.dpuf

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