Finally, Microsoft Corporation (NASDAQ:MSFT) shares haven’t moved much today, but the company’s making a big move with the announcement of its next-generation Xbox One entertainment and gaming console. The Xbox One marks Microsoft Corporation (NASDAQ:MSFT)’s first offering of a new console since the Xbox 360 was unveiled back in 2005. Many gaming-industry analysts have criticized the current console generation’s longevity as damaging to video game sales, so competitor Sony Corporation (ADR) (NYSE:SNE)‘s previously announced PlayStation 4 and the new Xbox One have sparked plenty of optimism about a brighter future in the industry. Microsoft Corporation (NASDAQ:MSFT) plans to launch the Xbox One by the end of the year — a plan similar to Sony’s PS4 launch.
The article Home Depot Stock Delivers as the Dow Soars originally appeared on Fool.com is written by Dan Carroll.
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