This was tough for me to find, as a lot of similar cables seem to be of the single male to 2 female variety. This cable is priced well, and does exactly what I intended it to do - splits a single audio source (in this case, my PC speakers) between two devices -- my PC and a gaming console. It allows me to play audio from both devices simultaneously.
I'd recommend purchasing two ground loop isolators in conjunction with this if you're planning a similar setup wherein both devices will be powered on and connected at the same time. Otherwise, you'll wind up diminishing the audio quality and volume from one (or both) of those devices severely, and may cause damage to your device(s).
The shipping from this company was lightning fast, and the price is right -- I'll be shopping here for my cables from now on.