Microsoft unveils Xbox One as a home entertainment hub

Will gamers want this One?

After four years of development, Microsoft has staked a claim to the internet age living room with an eagerly awaited new generation Xbox One console touted as a home entertainment hub that goes far beyond games.

Although the device won't go on sale until later this year, at a price that hasn't been disclosed yet, Microsoft invited attendees at this week's announcement event to take a closer look at the system.

The beefed-up hardware is powered by software that allows for instant switching between games, television, and internet browsing. Microsoft-owned Skype was also integrated for online group video calls.