Microsoft will spend a billion dollars on Xbox repairs
A few days ago my Xbox 360 brought out the famous red ring of fire with which I can’t play a single video game more (although I can still see video content, for example, by telling my friend about it Oscar Noriega from Atomix told me that it is a very widespread problem and that it happens to more than 25% of all consoles Microsoft.
Apparently the problem could be even more serious, considering that the company plans to spend a billion dollars on the repair of Xbox 360, in passing recognizing that it has not reached the sales forecasts estimated at the end of June.
Due to these failures, Microsoft has announced that it will extend the warranty coverage of the console to three years, as well as that it will return the money to customers who have previously paid for repairs related to the error message of the three red lights. In addition, the company maintains that it has already made improvements to its device.
To solve this situation, the expenses incurred by the company will be in a range between 1,050 and 1,150 million dollars before taxes (between 772 and 845 million euros) that will be reflected in the quarter that ended on June 30. .
Link: Microsoft to spend 1 billion dollars on Xbox repairs