Microsoft's announcement that it is spending a billion dollars to fix problems in its Xbox360 has resulted in an online storm among console users.

The company initially denied there were any problems with the console and now admits that it is spending a billion dollars to fix something.

The problem is that Microsoft won't say what went wrong inside of its Xbox 360 video game consoles that could lead to $US1 billion in repairs.

This has resulted in a storm of online speculation on blogs and forums and an increase in the number of complaints. The most common problem is believed to be overheating. Some broken boxes have come back from Microsoft with new heat sinks.

More here.