Gaming consoles have been revamped so much in the last decade that it has changed the whole concept of playing games at home. What started with cartridges from 8-bit video games has evolved to today's Bluray technology and Xbox One promises to take it further by adding more than games to a console. It  ensures that the gaming platform is an all in one entertainment center for the home.

Unveiled in Redmond, Washington only yesterday, the console was making a great buzz in the world with rumors under the name of Xbox 720.

It's been eight years since the launch of the Xbox 360. The original Xbox debuted in 2001, and its high-definition successor premiered in 2005. Xbox remained the best gaming console in the world for the last two years.

The new Xbox, is capable of internet browsing, Skype chatting, and doubling as the BluRay player all in one small console that vaguely resembles your old VHR players without the clutter of buttons. However, there are no details regarding the pricing and the date of availability of the consoles in the market. However, one retailer has claimed that from sources he came to know of the price to be around $399. That would be a really attractive price for the next-generation gaming console.

(AW- Anil)