The Xbox 360 gaming console had its 10 year birthday last November, and there will not be another. Microsoft (NASDAQ:MSFT) has announced yesterday that it will discontinue the production of the Xbox 360, as it has too costly and profitable enough to manufacture a decade old product.
While no more new units of the Xbox will produced, Microsoft will continue to serve customers who use the Xbox 360. Owners of the console will continue to receive Xbox Live services, including online multiplayer gaming and will continue have access to the apps they use today.
Owners of the console will able to buy over 4,000 Xbox 360 games or Xbox 360 accessories at retail locations while supplies last, and through the Xbox 360 store online.
Phil Spencer, Head of the Xbox division, said in a statement, “The Xbox 360 helped redefine an entire generation of gaming at Microsoft…. Franchises like Gears of War were born on the 360, and established blockbusters like Halo really came into their own during this console generation. Xbox 360 was also the foundation for industry-leading technical innovation like Kinect, and the start of system updates and dashboard refreshes based on fan feedback.”