The Xbox 360 is the successor to Microsoft's Xbox video game console, developed in cooperation with IBM, ATI, Samsung and SiS.
The Xbox 360 is the first console to have a near-simultaneous launch across the three major regions, and the first to provide wireless controller support at launch.
Due to its early launch, the Xbox 360 has a one-year lead on both of its competitors, Sony's PlayStation 3 and Nintendo's Wii.
Businessweek magazine compiled a report that estimates the total cost of components in the Xbox 360 premium bundle at US$525 at launch,[16] sans manufacturing costs, meaning that Microsoft initially lost money on every Xbox 360 system sold.
Xbox Live Silver is free of charge and allows users to create a user profile, join on message boards, access Microsoft's Xbox Live Arcade and Marketplace and talk to other members.
On November 6, 2006, Microsoft announced Xbox Live Video, an exclusive video store accessible through the console. Launched on November 22, 2006, the first anniversary of the Xbox 360 launch, the service allows users to download high-definition and standard-definition television shows and movies through Xbox Live onto an Xbox 360 console for viewing.
Dashboard version 2.0.4532.0 allows the Xbox 360 to output video at 1080p and installs support for Zune and the external HD DVD drive attachment.
The Xbox 360 controller is significantly different from the original Xbox controllers, the Duke and the S models. The black and white buttons have been replaced by bumper buttons, which are on the shoulder of the controller, right before the triggers. It is noticeably smoother, has a white-gray theme, and is very small and ergonomically built.