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	<title>The Diatribe * net &#187; network</title>
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		<title>$31,000 per minute</title>
		<link>http://www.thediatribe.net/2008/06/06/31000-per-minute/</link>
		<comments>http://www.thediatribe.net/2008/06/06/31000-per-minute/#comments</comments>
		<pubDate>Fri, 06 Jun 2008 18:45:30 +0000</pubDate>
		<dc:creator>Brandon</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[amazon]]></category>
		<category><![CDATA[network]]></category>
		<category><![CDATA[outage]]></category>

		<guid isPermaLink="false">http://www.thediatribe.net/?p=769</guid>
		<description><![CDATA[According to CNet, for every minute that Amazon is down globally &#8212; it would cost them approximately $31,000 in sales. This is based off their yearly revenue numbers from last year. That being said, Amazon has been down in the US since 10:30 am PST (about 1 hour and 12 minutes at the time of [...]]]></description>
			<content:encoded><![CDATA[<div align="left" style="padding-bottom:10px;"><g:plusone href="http://www.thediatribe.net/2008/06/06/31000-per-minute/"></g:plusone></div><p><a href="http://news.cnet.com/8301-10784_3-9962010-7.html">According to CNet</a>, for every minute that Amazon is down globally &#8212; it would cost them approximately $31,000 in sales. This is based off their yearly revenue numbers from last year. </p>
<p>That being said, Amazon has been down in the US since 10:30 am PST (about 1 hour and 12 minutes at the time of this posting). Assuming that this was a global outage, this would cost Amazon about $2.2MM already.  </p>
<p>Considering it&#8217;s only the US, let&#8217;s just cut that number in half.. even so.</p>
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