"Technical Difficulty" May Cost Amazon $9.2 Million

Internet retailer Amazon is believed to have lost millions of dollars in trade due to a "technical difficulty" affecting its web site on Tuesday, the Wall Street Journal has reported.

For more than three hours, US customers were met with blank pages, a malfunctioning search engine and an unusable shopping cart during what was only the fourth major outage in Amazon's 15 year history.

Market experts estimate the three-hour break in service resulted in a loss of $9.2 million for the Seattle-based online shopping portal. On average, Amazon is said to generate around $51,400 every minute.

The problem was reported by thousands of users on micro-blogging site Twitter, minutes after the outage began.

Although Amazon has not revealed the reason behind the incident, a spokesman for the company has described the outage as a “technical difficulty”.

Amazon’s director of communications Drew Herdener said: "Yesterday we encountered technical problems on our U.S. website. The site is now back online."


Sorry! Page not found.

The article you requested has either been moved or removed from the site.