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Xbox 360 failure rate at 16%, warranty provider reports

Submitted by: succi @ 02:13 PM | Thursday, February 14, 2008 | (url: http://binarybons...)

Working with a sufficient sample size of over 1,000 claims, SquareTrade, a warranty seller, has projected the Xbox 360 failure rate at 16.4% -- and likely climbing. Comparatively, the company reports failure rates hovering around 3% for PlayStation 3 and Wii, based on less accurate sample sizes numbering in the hundreds. SquareTrade found that the ghoulish "Red Ring of Death" accounted for 60% of hardware failures it's documented...