Holidays Wallpapers

Microsoft on Tuesday finally took the wraps off its highly anticipated Xbox One, the successor to its Xbox 360 gaming console that will launch in time for the holidays this year. Earlier rumors have indicated that the new console will run on the “core” version of Windows 8 and will feature an 8-core 1.6GHz processor, 8GB of RAM, an 800MHz graphics processor, a 50GB 6x Blu-ray Disc drive and Gigabit Ethernet connectivity, but Microsoft finally put all of the speculation to bed on Tuesday during its big Xbox event. Click here to find out how to watch the live stream of Microsoft’s Xbox event. Developing… Microsoft is billing the new console as an all-purpose cloud-based entertainment system that isn’t just for games but also for movies,

The Xbox 360 topped the charts again in April, marking the 28th consecutive month Microsoft’s gaming console has outsold Sony’s PlayStation 3 and Nintendo’s Wii consoles. According to research from NPD Group, the Xbox 360 accounted for 42% of current-generation sales with 130,000 units sold last month. It wasn’t all good news, however, as sales plummeted 50% from 261,000 units in March. As a whole, the industry continued to struggle in April with total gaming sales down 25% year-over-year from $657.5 million to $495.2 million. Microsoft and Sony’s next-generation consoles are expected to help sales pick up when they launch ahead of the holidays this year.

Recent reports suggested Ultra HD TV might not flop after all, and their prospects will only be helped by an early round of price cuts. Preliminary analyses from industry watchers didn’t paint a promising picture for Ultra HD, but more recent reports say new higher-resolution 4K panels might account for as much as 20% of all flat TV displays shipped this year. Now, a new report from Digitimes points out that Ultra HD TVs already saw deep price cuts in China for the holidays. Some models apparently saw price drops so huge that they matched the pricing of comparable 1080p TVs. Digitimes’ sources say suppliers are expected to ship between 3.5 million and 4 million 4K TV displays in 2013.

BANGKOK (AP) — Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S.