According to this, SquareTrade, the company that made headlines earlier this month for claiming that Xbox 360 has a hardware failure rate of around 16 percent, has now made a statement saying the actual figure it likely to be higher. Because of the date range studied, SquareTrade said it was unlikely that any modified 360s […]
Failure Rate headlines
According to this, Microsoft’s warranty costs for Xbox 360 tripled in the first nine months of last year, hitting $291 million, or 4.5 percent of the company’s overall product revenue. Microsoft last year extended Xbox 360 warrantees, a move that is said to have cost the company an estimated $1 billion.