Xbox
The original Xbox was released on November 15, 2001, in North America, February 22, 2002, in Japan, and March 14, 2002, in Australia and Europe. It was Microsoft's first foray into the gaming console market. As part of the sixth-generation of gaming, the Xbox competed with Sony's PlayStation 2, Sega's Dreamcast (which stopped American sales before the Xbox went on sale), and Nintendo's GameCube. The Xbox was the first console offered by an American company after the Atari Jaguar stopped sales in 1996. The name Xbox was derived from a contraction of "DirectX Box", a reference to Microsoft's graphics API, DirectX.
2010s in video gaming
Both Microsoft and Sony announced their offerings in the eighth generation in 2013. On May 21, just weeks before E3 2013, Microsoft revealed its "all-in-one entertainment device," the Xbox One. Reaction among the press and gamers was mixed, with many gamers criticizing DRM-related restrictions and persistent internet requirements. E3 in June saw Microsoft reveal a November launch date for the Xbox One and Sony unveil its eighth generation console, the PlayStation 4. The Playstation 4 received an enthusiastic response from the attendees after it was revealed it would lack DRM restrictions and online requirements and have a cheaper launch price thean the Xbox One, leading some commentators to declare Sony the winner of E3. In the week following E3, Microsoft announced a reversal of the its online and used games restrictions after substantial negative feedback.