This first-person shooter from Bungie has sold over 50 million copies worldwide. The transition to developer 343 Industries has been smooth with Halo 4 (shown above) selling $300 million worth of games in one week last year. Microsoft has its first Xbox One Halo game coming in 2014 and Steven Spielberg is developing a live action Halo TV series for Xbox Live based on the sci-fi franchise. This is the type of "killer app" that both hardcore and more mainstream gamers will invest in a new console for.
We looked to Microsoft senior vice president Yusuf Mehdi to learn more about what the company's new videogame console can and can't do.