The Xbox 360 will live twice as long as the original Xbox, which essentially had four years before the Xbox 360 arrived and Microsoft unceremoniously dumped it. That’s 8 years.

xbox Microsoft: Xbox 360 Is "Less Than Halfway Done"

Schappert said that "hundreds of thousands" of people still play Xbox Live on it. Similarly, Live will obviously live on in whatever comes after the Xbox 360 he said.

He reiterated again, though, that "there’s still an awful lot left we can do with that piece of hardware, so we’re going to continue to do that…I don’t even think we’re halfway through the life of the Xbox 360." He continued, "if we were not able to reinvent the interface, introduce avatars, introduce new services, we might be talking about new hardware right now." When "we need new hardware to deliver new experiences, that’s when we’ll start talking about new hardware."

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