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How much money did facebook lose when it went down on september 28th ?
Facebook last went down on September 28th for a brief time, much to the frustration of their one billion active users. That's a lot of advertising revenue to lose for the second time in a week. There for we can estimate what he loose when his revenue loose.
Company generated $3.827 billion in advertising revenue in the second quarter, assuming no growth rate in revenue, Facebook is missing out on the potential for a loss of slightly more than $1.7 million in advertising-centric revenue for every hour the website and app are not working.
TheStreet has reached out to Facebook and will update the post when the company responds.
Shares of Facebook appear to not have been affected by the outage, however. As of mid-day, shares were falling 0.67% to $93.37, outperforming the broader Nasdaq.
For the second time in a week, Facebook had outage issues. The website began having issues around 3 p.m. Eastern Time, causing a flurry of angry posts on the other social media networks that were working. About an hour later, the website was working for some users, though not everyone was able to log on.
