Today
20
in History
26
01
Sun
02
Mon
03
Tue
04
Wed
05
Thu
06
Fri
07
Sat
08
Sun
09
Mon
10
Tue
11
Wed
12
Thu
13
Fri
14
Sat
15
Sun
16
Mon
17
Tue
18
Wed
19
Thu
20
Fri
21
Sat
22
Sun
23
Mon
24
Tue
25
Wed
26
Thu
27
Fri
28
Sat
29
Sun
30
Mon
...
11-15-2001
Microsoft releases Xbox gaming console
Microsoft releases the Xbox gaming console on November 15, 2001, dramatically influencing the history of consumer entertainment technology. Microsoft CEO Bill Gates first decided to venture into the video game market because he feared that gaming consoles would soon compete with personal computers. At the time, Japanese companies Sony and Nintendo dominated the field, and no American company had challenged them since Atari ceased selling its Jaguar console in 1996. Sony was positioning its Playstation 2 as an “entertainment system” meant not only for gaming but also for playing DVDs, music and other media. In order to rise to this challenge, Microsoft designed the first-ever gaming system to use PC technology, such as an internal hard disk drive. The original plan was to include a dial-up modem, still a common internet technology at the time, but the designers opted instead to exclusively use a high-speed Ethernet cable, a decision which would allow the Xbox to set a new standard in online gaming. Microsoft acquired the game developer Bungie and used its new first-person shooter, Halo: Combat Evolved, as its launch title. Developing the Xbox had been enormously expensive, and the cost of building each unit outweighed the sales price, which meant game sales were crucial to the project’s success. Luckily for Microsoft, their launch title was one of the best-selling and most celebrated games of all time. Halo ushered in a new age of first-person shooters and online gaming, revolutionizing the video game market, and it established Xbox as a haven for innovative game design. Microsoft is said to have lost $4 billion on the initial Xbox, but its successors have sold over a hundred million units and continue to set the standard for entertainment systems. Brought to life by Academy Award-winning director Daniel Junge, this is the untold story of the personal battles that gave rise to the multibillion-dollar video game industry.
More news today