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Several peripherals have been released, including wireless controllers, expanded hard drive storage, and the Kinect motion sensing camera.

The release of these additional services and peripherals helped the Xbox brand grow from gaming-only to encompassing all multimedia, turning it into a hub for living-room computing entertainment.

As the successor to the original Xbox, it is the second console in the Xbox series.

It competed with Sony's Play Station 3 and Nintendo's Wii as part of the seventh generation of video game consoles.

Five years after the Xbox 360's original debut, the well-received Kinect motion capture camera was released, which set the record of being the fastest selling consumer electronic device in history, and extended the life of the console.

Edge ranked Xbox 360 the second-best console of the 1993–2013 period, stating "It had its own social network, cross-game chat, new indie games every week, and the best version of just about every multiformat game...

In addition to online multimedia features, it allows users to stream media from local PCs.December 2, 2005, in Europe and December 10, 2005, in Japan.It was later launched in Mexico, Brazil, Chile, Colombia, Hong Kong, Singapore, South Korea, Taiwan, Australia, New Zealand, South Africa, India, and Russia.Also that month, Peter Moore, former president of Sega of America, joined Microsoft.

On August 12, 2003, ATI signed on to produce the graphic processing unit for the new console, a deal which was publicly announced two days later.Microsoft released two redesigned models of the console: the Xbox 360 S in 2010, As of June 2014, 84 million Xbox 360 consoles have been sold worldwide, making it the sixth-highest-selling video game console in history, and the highest-selling console made by an American company.