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The Podium

Thursday, July 01

The Cost of Crashing

By Brad

On Tuesday, Amazon.com experienced a major outage for most of the day, prompting CNet to look at the cost of the outage:

At an annual revenue of nearly $27 billion, Amazon faces a potential loss of an average of $51,400 a minute when it’s site is offline. Amazon shares closed down 7.8 percent, a sharper fall than the Nasdaq index.

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