Xbox is an American gaming brand founded by Microsoft. The console first introduced on 15 November 2001. The gaming console used in living rooms, bedrooms, the basement of gamers across the world. The console has developed through major redesigns, which help them to gain more power and features.
Xbox has celebrated its 19th birthday. The brand also has several applications, streaming services, and many more. It was the first American company to offers video games after Atari Jaguar stopped its sales. In May 2006, they sold more than 24 million units. The brand second console was released in 2005 and sold more than 84 million units.
The significant competitions of Xbox are Sony PlayStation 2, Sega’s Dreamcast and Nintendo’s Gamecube. Xbox is the first project of Microsoft in the gaming world. Next year, the device released in Japan and Australia and Europe.
In 2002, the company launched a service named Xbox Live service. It helps gamers play the game online with the player with or without a broadband connection. The console became successful because of a better server and features like a buddy list. In 2004, Halo 2 released on Xbox, which became top-rated games.
In November 2005, Xbox 360 released, which competes with Sony’s Play station three and Nintendo’s Wii. The console sold more than 78.2 million units in 2013. The Xbox 360 not sold in regions of Japan. The teaser of the console showcased on 12 May 2005 at MTV. The new Xbox offers several services like stream multimedia content on PCs, purchase and stream music, television programs through Xbox Music and Video service. The company launched a motion control system named Kinect for Xbox 360. After some year two revision of console was released The Xbox 360 S and Xbox 360 E.
On 22 November 2013, The Xbox was released in North America. The primary competition of the console was PlayStation 4 and Nintendo’s Wii U. The console focuses more on internet-based features like record gameplay, connect with the set-top body and many more. The company faced controversy due to the digital rights man agent. In 2016, the brand announced Xbox One S at E3. The new console supports 4K video.
The company announced its Xbox Series X in The Game Awards 2019. The new console will release in late 2020. It will be more four times more potent than the previous version. The console has several powerful features like 8k resolution, real-time ray-tracing, and 120 frames per second. The Xbox live service of the brand is used by more than 65 million users worldwide. The brand also offers Live Marketplace, which helps members to purchase content. The facilities provide by market place are a game trailer, video store, game demos, live games, map packs, gamer pictures, and many more.
The brand launched a Smart glass application for Xbox 360 available on Windows 8, Windows 10, Windows Phone, iOS, and Android. On 01 June 2017, the brand launched subscription service Xbox Game Pass for their console and Windows 10.
Awards & Achievements
The brand is overgrowing since it formed. The brand appeared several times in the list of the game of the year awards.
Net Worth of Xbox in 2024
Xbox is a ubiquitous brand in the world of gaming. The brand is offering its services for more than 16 years. In 2015, the company organized a fan fest in Sydney, Australia. The brand sold millions of units across the world.
As of February 2024, the net worth of Xbox is $600 billion. Xbox is increasing its customer base day by day. The head of the company is Phil Spencer.
The Xbox console is a favorite of several gamers across the world. The console is available in 21 markets. The brand new products are releasing in the market.