
CNBC business news reporter Jane Wells reports - Nov. 29, 2007:
"For months (her son has) been telling (her) there have been problems with the Xbox 360... the 'red rings of doom,' which signal the Xbox is 'fried.'
Well, I should have been paying attention. There are three people on our block who have Xbox 360s, and in the span of a month, all three consoles went on the fritz... The problem to begin with, is that any of the boxes have to be replaced at all. And the even bigger problem may be that the problem is getting worse (that's a lot of problems). Why worse? ...
I started asking around to determine how many people were having problems. Turns out..."
Please also check out the poll at CNBC.com on "have you had trouble with your Xbox 360?"

A brutal reset, a smarter story, and a return to what made it great—Mortal Kombat (2011) revived the series.
15 years went by so fast. I remember playing through the story mode at launch.

New report from Skillsearch found that 22% of those surveyed had been laid off within the past 12 months.

It's a step forward for Stop Killing Games.
Check out the poll on the site.
The mainstream media has finally started to report on the problem. First Wired. Then CNET. Then Fox (not on red ring but the abusive behavior of Xbox users.) Now CNBC. All within a span of just a week. Seems to me this is the beginning of the end for Microsoft and Xbox...
I'll wait till Ninja Gaiden 2 to buy a 360 unless the problems still exists with those new chips.
The 360 "use to" suffer a problem with hardware failure? Who knew? Good thing this story brings some new info to the table. Thanks CNBC. And thank you Sony fanboys for letting us know what fools we are for buying such a silly console with tons of games and a hardware issue that's been fixed.
that the media is starting to present outdated news as breaking info.
*sniffle* brings a tear to my eye
next thing you know they will start doing reports on old people playing the wii (for the 40th time) or the ps3 sales being dissapointing.