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Amazon sales in 2015 were $107.01bn, so let's say they sell 1bn on Black Friday. This would be around 300 times the numbers shown.

• burke 10y ago
  I don't understand how you're calculating this. I think you missed a couple of zeroes? If you take that $260k/minute number and assume it's true for the whole day (clearly it won't be overnight, but bear with me), that's (260,000 * 60 * 24 =) $374M. A third of a billion, a far cry from 1/300.
  • base 10y ago
    You are making your calculations based on the peak minute of the day, I'm checking now and it's around half that and it's middle of the day in the US. I imagine during the night is several times less than 260k.
    • burke 10y ago
      Of course, but not 100x less. Amazon's number is definitely substantially higher, don't get me wrong, but 300x is just not right.
      • base 10y ago
        I underestimated Amazon sales on my initial comment, it's around 3bn: http://fortune.com/2016/11/25/black-friday-online-sales/ http://fortune.com/2016/11/25/black-friday-online-sales/ The numbers are big but far from giants like Amazon and Alibaba: http://www.cnbc.com/2016/11/11/singles-day-news-alibaba-poised-to-smash-records-at-worlds-largest-online-shopping-event.html http://www.cnbc.com/2016/11/11/singles-day-news-alibaba-pois...