5 Minute Google Outage Estimated To Cost Google $545,000 In Revenue

google_logoJust how valuable is your time, really? Some lawyers and psychologists might charge a few hundred dollars an hour for their expertise, but when you take into consideration the Internet search giant Google’s recent 5 minute outage, the amount of revenue loss was pretty astronomical by any estimates. Last Friday, when Google went down from about 3:52 p.m. to 3:57 p.m Pacific Time, additional services also went offline alongside Google, but some simple mathematical calculations had resulted in an estimated $545,000 revenue loss for Google.

How was this particular figure derived from? Well, in Q2 this year, Google reported revenues of $14.1 billion. A little bit of basic division and that would translate to approximately $108,000 in revenue on average for a single minute that Google is up and running. $545,000 might sound like a drop in the ocean for a company like Google, but the average American household could certainly make do with such money at any moment – as that is what the average American household makes throughout a decade. Apart from that, the 5 minute outage is said to have caused a global drop in website traffic of up to 40% percent, before it spiked back to normal levels when Google was back online.

You May Also Like

Related Articles on Ubergizmo

Popular Right Now

Exit mobile version

Discover more from Ubergizmo

Subscribe now to keep reading and get access to the full archive.

Continue reading

Exit mobile version