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  Microsoft's Xbox One: the details
Time: 12:35 EST/17:35 GMT | News Source: CNET | Posted By: Robert Stein

Microsoft has unveiled the new Xbox, and it's called Xbox One. It's Microsoft's first new console in over seven years. Yes, we've had many expectations for this console, especially since Sony and Nintendo have already taken their first steps in the next-gen landscape. Here's what you need to know that was announced at Microsoft's event in Redmond. The original Xbox debuted in the fall of 2005, which feels like a million years ago...even if itís only seven and a half. Itís high time for a new console, even if some tech pundits are questioning the value of gaming hardware platforms in the current age.

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