Microsoft has announced that the company has extended the Xbox 360's out of the box warranty from 90 days to a full year, beginning from the date of purchase within the US and Canada. According to officials, the move was made in order to be consistent with the standard Xbox 360 warranty that is offered in other territories globally.
Xbox 360 owners who experience hardware issues with their Xbox 360 within one year of purchase can have their consoles repaired at no cost. In addition, the new warranty policy is retroactive, so consumers who may have already paid for an out-of-warranty Xbox 360 repair within one year of purchase will be eligible for reimbursement of their console repair charges.
Microsoft notes that those who have already paid for such repair charges within their first year of ownership can expect reimbursement checks for the amount of their console repair in approximately 10 weeks.
The company adds that reimbursements will be automatically distributed, so customers do not need to contact Microsoft directly. More information concerning this policy change can be found on Microsoft's official Xbox 360 website