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Big news for Xbox360 Owners MicroSoft to fix the Red Ring Of Death. Read this story from gamespot

Ps I'm not an Xbox360 Owner but I thought I pass this story along to all the Xbox360 Owners Out there

Tags: 360, Death, MicroSoft, Of, Red, Ring, Xbox

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I fix red ring of death problems
I think people should maybe take the time to learn google is there friend!
this is good now hopefully i wont get it
Its about time that they own up to their problems...They knew about this from the beginning
That's odd... I got the red rings on my 360 last month (2 years after purchase) and they said it was out of warranty, so I had to pay $90 to get it fixed! I want my money back!
What?! Thats BS..... I would call them or contact your local BBB.
i agree!
yay!why just now?what about the one's who had it in the past and had to pay for it?
Well actually the title of this thread is not correct....Microsoft extended the warranty for RROD problem in 07 (or around 07).....Now there is a new problem- The E74 error aka Black screen of Death.....They have extended the warranty for this also... If you paid to get it fixed before you are out of luck...
i agree with that ken!
i agree big bro!
I was under the impression that PC gamers were the only group who needed to know anything about hardware troubleshooting. I think perhaps I should amend this to say Microsoft product users.

Don't worry, I have a licence to make uninformed sweeping generalisations :)

The reason they're still able to make money from the cost of the repair is down to a clever little economic device called the inverse law of Giffen goods. The left hand of Microsoft builds faulty Xboxes and sells them to the right hand as top notch hardware. The right hand can't tell the difference between an elephant and a footstool. That's the important part. It'll buy anything and everything the left hand is selling. Even puce flavoured earwax ice cream.

Since the repair cost is already factored in with the initial mark-up from the left hand, the additional cost to repair it given to the right hand gets passed on through the trickle filter until Microsoft can write off the repair bill as either an insurance stipend or a tax break. The correct part goes in your Xbox if it has broken and Microsoft keeps the savings made by the left hand. Add in economies of scale and they break even at the very least.

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