The Xbox One is Microsoft's third-generation home video game console, launched in November 2013 as the successor to the Xbox 360. It features advanced graphics, online multiplayer via Xbox Live, and integration with streaming services and multimedia apps. Designed to compete with Sony's PlayStation 4 and Nintendo's Wii U, the Xbox One supports both physical discs and digital downloads, and has undergone multiple hardware revisions, including the Xbox One S and Xbox One X.