The Xbox 360 has been around for a decade and Microsoft thinks it’s time for the console to say goodbye. Microsoft has just confirmed that it has shut down Xbox 360 production. Xbox head Phil Spencer says that while the Xbox 360 means a lot to everyone over at Microsoft and that they’ve had an amazing run with this console, “the realities of manufacturing a production over a decade old are starting to creep up on us.”

Spencer further adds that Microsoft will continue to sell existing inventory of Xbox 360 consoles with availability varying by country but it’s no longer going to manufacture new Xbox 360 units.

The Xbox 360 was first released back in 2005. It proved to be a hit for Microsoft, cementing its position as a bonafide console maker, so far the console has sold more than 80 million units across the globe. Microsoft followed up with the Xbox One in 2013 and it has been well received as well.

Microsoft makes it clear that it’s only ending production of the Xbox 360, it’s not going to stop supporting existing Xbox 360s in terms of hardware and software, and Xbox Live servers for this console will continue to remain online so that players can indulge in online gaming. None of that is going to change anytime soon.

Godspeed, Xbox 360.

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