Xbox 360 
The Xbox 360 was released on November 22nd 2005. The console is produced by Microsoft and is their second game console following the release of their original release The Xbox. The Xbox 360 is available in 3 different variants, they are known as, Xbox 360 Arcade, Xbox 360 Pro and the Xbox 360 Elite.
The Arcade comes with one wireless controller, composite AV cable, HDMI 1.2 output, an internal 256 MB memory chip, and a 5 Xbox Arcade titles on one disk. The Pro comes with everything the Arcade comes plus a 60GB detachable hard drive. The Pro console doesn't include the 5 Xbox Arcade titles, however pre-installed on the hard drive are a number of game demos, one full arcade game, and numerous video clips. The Elite comes with all the features mentioned, but has a 120 GB hard drive and has a matte black finish.
Xbox Live is is Microsoft's online gaming service. As well as allowing users to play games against other users online the service offers movie and game trailers, game demos, Xbox Live Arcade games, gamer tag images, and Xbox 360 Dashboard themes as well as add-on game content (items, costumes, levels etc). Xbox Live has over 12 million subscribers.
More details of the Xbox 360 and it's games can be fond here.