Exactly one week after Sony let loose PS4, Microsoft is replacing its aging console with Xbox One. And just like PS4’s release, gamers can expect a Day One patch to get the system working at full capacity and a brand new SmartGlass app for all your Xbox on-the-go and wireless slinging needs. Download the app today at iTunes and Google Play Store. Brush up on the hardware’s launch titles here.

The house that Bill Gates built is pimping their Xbox 360 successor to be the “one” stop destination for all your entertainment needs; for example, with its HDMI IN port you can run your cable box through the console and watch live TV while you’re gaming. It’s all exciting stuff but how will the new Xbox fare against the new PlayStation, a next-gen console that Sony built with hard-core gamers in mind first and entertainment needs later. Time, as they say, will tell.

So what are you waiting for? Jump ahead.

Update: Microsoft confirms that the Xbox One launch “was the biggest launch in Xbox history, with more than one million consoles sold through worldwide in less than 24 hours – surpassing day one Xbox 360 sales and setting a new record for Microsoft.”

“We are humbled and grateful for the excitement of Xbox fans around the world,” said Yusuf Mehdi, Corporate Vice President of Marketing and Strategy at Xbox. “Seeing thousands of excited fans lined up to get their Xbox One and their love for gaming was truly a special moment for everyone on the Xbox team. We are working hard to create more Xbox One consoles and look forward to fulfilling holiday gift wishes this season.”