Will next Xbox super machine boost Microsoft?

Within a few hours of this time of writing Microsoft (MSFT:$35.08) will reveal its new xbox console that will heral the eight generation of console gaming, rumored to be available by the end of this year (For more info check out #xboxreveal twitter). Sony (SNE:$20.97) announced earlier this year its new Playstation 4 console, and Nintendo (NTDOY:$13.64) already made its platform available to the public last holiday season with its Nintendo Wii U. The buzz in video game land about the xbox has been leading up to this moment when it comes to the xbox; speculations about its name Xbox Infinity, Xbox 720 and compatibility etc, but what will this mean for Microsoft's stock price? And where will it leave the less innovative Nintendo when Sony and Microsoft will duke it out on the highly competitive billion dollar video game industry battlefield?