4 ms·

"only a few hours" for Facebook is literally billions.

• toper-centage 5y ago
  But 6 hours for Facebook is proportionally the same as 6 hours to anyone. If 6 hours is a billion to them, they still made 3 billion
• tlrobinson 5y ago
  Only $13.3 million per hour in revenue [1], but about $45 billion in market cap today [2]. 1. https://fortune.com/2021/10/04/facebook-outage-cost-revenue-instagram-whatsapp-not-working-stock/ https://fortune.com/2021/10/04/facebook-outage-cost-revenue-... 2. https://www.google.com/finance/quote/FB:NASDAQ https://www.google.com/finance/quote/FB:NASDAQ
  • rytill 5y ago
    You mean $945B?
    • TAForObvReasons 5y ago
      At close, market cap was approximately 920B and the stock was down about 5%. The change in market cap is therefore about 920B * (1 / 0.95 - 1) ~ 48B