X

Amazon Lost $120K a Minute During Outage

Cause isn't certain
By Matt Cantor,  Newser User
Posted Aug 20, 2013 8:15 AM CDT

(Newser) – Amazon was down for as long as 45 minutes in the US and Canada yesterday, VentureBeat reports, and while the cause isn't clear, the company certainly lost a lot of money while it was offline. Reports differ on how long the site was down (Reuters says 15 minutes; GigaOm says about 45). Geekwire puts the outage at 40 minutes, and figures that Amazon missed out on a whopping $4.8 million in sales, based on $15.7 billion in revenue last quarter—or $120,000 per minute. That's roughly in line with what Google's outage on Friday cost it, VentureBeat notes: some $545,000 in ad revenue in about five minutes. (Read more Amazon stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X