Microsoft first released its “Xbox” gaming system in 2001, and developed new versions of the Xbox in 2005 with the Xbox 360, and in 2013 with the Xbox One.
Microsoft is one of three companies that currently dominate the console hardware market. These three companies are Sony, Microsoft, and Nintendo. The Microsoft Xbox One controls about 29% of the market share, while Sony PlayStation 4 controls 51%, and Nintendo Wii 20% (Duran 2015). With technology changing everyday, increased competition, and