Xbox 360 failure rate at 16%, says report

Thursday, 14 February 2008 07:35 GMT By Patrick Garratt

According to this, warrantee firm SquareTrade has reported that, based on 1,000 warrantees, Xbox 360 has a current failure of 16.4 percent, 60 percent of which is the much-publicised red ring of death issue.

SquareTrade CEO Steve Abernethy added a cheery note to the findings: “It is reasonable to believe these failure rates will increase over time, since the Xbox 360 failure issues tend to increase with prolonged use where overheating appears the main culprit.”

Full thing through the link.