Ian Gavan/Getty Images for Halo by Xbox360
Participants enjoy the new game inside the courtyard of Balzer's Castle during the HALO 4 launch by Xbox 360 on October 30, 2012 in Balzers, Liechtenstein.
Earlier this hour, Microsoft unveiled its first new game console in nearly eight years. The Xbox One enters a competitive market, not only other gaming consoles but mobile games as well.
Dan Ackerman, senior editor with CNET, joins the show with more.