Microsoft have announced that it will stop production of the Xbox 360. The console first came onto the market back in November 2005, and has since sold more than 84 million units worldwide.
Moving forward, all Xbox Live services -- including Games with Gold and Deals with Gold -- will remain available for Xbox 360 owners, as well as Xbox Live servers that support Xbox 360 services. Customers will also be able to continue receiving Xbox 360 hardware support. Furthermore, Xbox 360 games that are available through backward compatibility on Xbox One will also remain active online, at no extra charge.
"Xbox 360 means a lot to everyone in Microsoft," Phil Spencer, Head of Xbox, said in a statement. "And while we've had an amazing run, the realities of manufacturing a product over a decade old are starting to creep up on us. Which is why we have made the decision to stop manufacturing new Xbox 360 consoles. We will continue to sell existing inventory of Xbox 360 consoles, with availability varying by country."
Spencer praised the Gears of War and Halo franchises for earning their huge popularity on the system, and mentioned technical advancements, such as Kinect, for their contributions to Xbox 360.
Over the last decade, the Xbox 360 community of players have collectively put in over 78 billion hours of gameplay time, earned nearly 486 billion in total Gamerscore, unlocked 27 billion achievements, and spent 25 billion hours using apps on the console.
"The Xbox 360 helped redefine an entire generation of gaming at Microsoft," Spencer added. "I am incredibly proud of all of the work and dedication that went into development of the Xbox 360 hardware, services and games portfolio over the last decade. And I'm grateful to the fans for their continued passion and support. I want to personally thank the Xbox community - that includes the vast and diverse audience of gamers, developers and publishers who brought so much passion and creativity to the Xbox 360. You are the heart of what we do at TEAM XBOX, and you have been critical to the success of Xbox 360."
Microsoft celebrated Xbox 360's 10th Anniversary in November 2015.