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> With earnings of $2.91 billion in Q2 2014, Facebook theoretically loses about $22,453 for every minute it’s down around the globe. Let's say they earn $2.91b
by darkstar999 12y ago
> With earnings of $2.91 billion in Q2 2014, Facebook theoretically loses about $22,453 for every minute it’s down around the globe.
Let's say they earn $2.91b per quarter for a year. $11.64 billion.
31,536,000 seconds in a year.
11,640,000,000 / 31,536,000 = $369.10 per second.
$369.10 * 60 seconds = $22,146 lost per minute
I got pretty close to their number. How do you think it's wrong?
- aristus 12y agoWell, which minute matters. :) Revenue at noon Pacific is much higher than 2am, because neither humans nor wealth are evenly distributed around the world. In fact, noontime Pacific is kind of a perfect storm: lunch in one populous wealthy timezone, after school in another (east coast), and after dinner in a third (europe). These three fuck-around-on-Facebook peaks combine to form one super-peak every day.
- darkstar999 12y agoSure. I was just trying to get the number from the article. Not arguing its validity.