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Microsoft Will Drop $1B on Xbox Warranties

Company calls number of defective consoles 'unacceptable'

By Sam Biddle,  Newser Staff

Posted Jul 6, 2007 5:39 AM CDT

(Newser) – Microsoft will respond to complaints from around the world by extending the warranty on its faulty Xbox 360 gaming console, at a potential cost to the company of over $1 billion, USAToday reports. The company will extend warranty coverage from 1 year to 3 in...   Read full story »

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