I recently received a Pi 3 B. I've installed jessie and I've been running it without issues for a couple of weeks.
Last week I turned on the power and waited for the console output and saw nothing.
The red LED on the power supply monitor flashes, which I believe indicates that the power supply is low. After about 60 seconds or so of flashing the LED goes out. There is also some flashing on the green LED during this time.
I've probed PP35 on the 5V input and noted that the supply is indeed low, about 4.5, and declines until it drops below 3.5V at which point the red LED goes out. I've tried various alternate USB power supplies and all show identical results. No smoke, nothing feels unusually warm so there's no obvious fault.
Note that both the power supply and the SD card work as expected on my test Pi 1 B. I realize that the Pi 1 draws less current but it all worked fine for a couple of weeks.
Any suggestions?
Thanks
"Sunny"