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As mysterious as the "Red Ring of Death" is for Xbox 360 users, reasons for
this console issue range from the simple to the complex. This article will
provide possible causes for the Red Ring of Death, along with possible
external or internal indicators. The appearance of the three red lights can
be caused by digital or hardware issues.
Symptoms
1. The phrase "Red Ring of Death" refers to three flashing red lights---not four; that's a different problem altogether---around the power button.
When functional, the lights are green. When the Red Ring of Death occurs, the console has been rendered unusable until the problem is fixed.
This issue has been known to occur at any point after the purchase of the Xbox 360. However, the "death" part of the phrase should not be taken
literally, as the problem is fixable.
Restart Needed
2. The Xbox could just need a simple restart. As simple as this sounds, there are times when all a system needs is to be shut off for 10
seconds and then rebooted. Even disconnecting and reconnecting all of the cords during this process could work. This is the first test you
should  try before attempting anything else.
Power Supply
3. The power supply for the Xbox 360 can fall prey to being incorrectly or not at all plugged in; to receiving too much current or voltage; to being at too high of a temperature; or to being
just plain damaged. Cooling the power supply or finding another outlet to plug it into may help. If you are sure everything is connected correctly, acquiring another power supply is
another option.
Graphics Chips or Other Parts Leading to Overheating
4. Although this is not as common as an issue now, graphics chips have been known to cause problems in the console. The Nyko Intercooler, used to lower internal temperature,
has also been known to also cause problems. Many people cite excessive heat as the main cause of the Red Ring; the heat can be caused by a number of things. The wrong type of
solder being used in the consoles has also been claimed as an issue. To fix a problem like this or other hardware-related issues, you might have to send it to Microsoft through its
support Web site for repair.

Read more: Causes of the Xbox Red Ring of Death | eHow.com http://www.ehow.com/about_5100946_causes-xbox-red-ring-death.html#ixzz17j8GKOuv
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