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Old 07-05-2007, 10:30 PM
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Who woulda thunk it
MS has extended the warranty on all 360's covering the 3 red lights 0 death to a full 3 years from purchase date. Q&A: Peter Moore on new 360 warranty - Xbox 360 News at GameSpot
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Old 07-05-2007, 10:46 PM
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Wow, that's awesome on MS's part. It may have taken a bit long for some people, but at least they are stepping up.
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Old 07-05-2007, 10:53 PM
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nice I'm on my second 360 and it still locks up from time to time
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Old 07-05-2007, 10:58 PM
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mines been good so far. hoping it stays that way.
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Old 07-06-2007, 12:26 AM
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ya they apparently are taking a 1.05 billion loss for repairs/replacements this quarter too.
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Old 07-06-2007, 10:19 AM
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Quote:
Originally Posted by Craig View Post
ya they apparently are taking a 1.05 billion loss for repairs/replacements this quarter too.
yup


My Way News - Xbox 360 Repairs Will Cost Microsoft $1B

so you gotta take their 11 million consoles sold with a grain of salt...

you dont hear anything about ps3 failures
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Old 07-06-2007, 10:30 AM
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Old 07-06-2007, 11:30 AM
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ya they apparently are taking a 1.05 billion loss for repairs/replacements this quarter too.


That's what? About 25% of their daily revenue stream? I don't think this will put any MS workers on the welfare roles anytime in the near future
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Old 07-06-2007, 11:57 AM
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It won't - but it's not good for them... a billion dollars is a lot of money!

Quote:
Matt Rosoff, an analyst at the independent research group Directions on Microsoft, estimates that Microsoft's entertainment and devices division has lost more than $6 billion since 2002.

Microsoft has written down larger amounts in the past — more than $10 billion in the late 1990s related to investments in telecommunications companies, and more than $5 billion related to antitrust issues — but a $1 billion write-down for one division in one quarter is significant.
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Old 07-06-2007, 12:02 PM
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Quote:
Originally Posted by Dukefrukem View Post
yup


My Way News - Xbox 360 Repairs Will Cost Microsoft $1B

so you gotta take their 11 million consoles sold with a grain of salt...

you dont hear anything about ps3 failures
If they sold 11 million consoles at $499 each - thats about 5.5 billion dollars.... 5.5 - 1.15...well...yeah, pretty significant

Though I'd still be happy with a Xbox360 and/or a PS3...of which I have neither :P
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