Not Just Microsoft’s BabyAmid an ice-cold tech sector and continued macroeconomic fogginess, software titan Microsoft ceremoniously released its Xbox videogame console at 12:01 ET on Nov. 15. The companys first foray into the videogame-console business, if successful, could eventually boost profits not just for Microsoft, but for a number of its suppliers and contractors as well.
Two players, Sony and Nintendo , currently dominate the videogame-console market, estimated by Wall Street analysts to be worth between $20 billion and $30 billion in annual worldwide sales.
Microsoft touts the Xbox as the "future-generation videogame console," with more than three times the graphics performance of the latest generation of consoles. The Xbox will have Nvidia s 3-D graphics processor, a 4X DVD drive with movie playback and a 100 megabit-per-second Ethernet connection.