What is wrong with my xbox 360 console

its the red of death, basic summary: your system is fried. Do you still have warranty? Because you are gonna have to get a new one. sorry.

Yeah, red ring of death. There's various "fixes" around the web, like the towel trick. I've actually had some positive experience with the towel trick, but it only works for short periods of time. Whether you're under warranty or not, best thing to do is to contact MicroSoft.  

yeah its dead , like everyone else said if its under warranty then great! But if its not then i recommend getting the new xbox its quiter and smaller and mine has had no problems since i got it (at launch day)

usally it means that it is the red ring of death but u can get it fixed