Upon entering the new millennium, Sony launched the PlayStation 2 and fans all over the world. Just one day after it’s launch, the Sony PlayStation 2 sold nearly a million units just on the first day. Sega also announced that they will no longer be making hardware, but will continue to develop and produce software, effectively bowing out of the console wars. However, eager to obtain a foothold in the console market, Microsoft would develop and launch it’s own console as well, the Xbox, making them another of Nintendo’s competitor. With stiffer competition than ever before, Nintendo would eventually lose the 6th console generation war with their GameCube.