Apple faced a huge lost of  £17.6 millions due to recent outage

Apple suffered a huge lost due to the outage of their apps store,itune ,ibooks shops and other services.Users of apple gadgets got frustrated because they couldn’t do work on their phones or desktop.This outage of the itunes ,app store was restored after 11 hours and for 4 hours users couldn’t access the email and other documents saved on the apple’ icloud facility.The cause of behind this outage was found on their DNS(Domain name system).The outage of app store and other service begin from 9:00 GMT to 20:00 GMT This outage also affects other service of apple.after 11 hours apple sort it out the issue and apologies the users of the internet

We apologises our customers experiencing problems with iTunes and other services this morning. The cause was an internal DNS [domain name system] error at Apple. We’re working to make all of the services available to customers as soon as possible, and we thank everyone for their patience.

According to the news reports apple suffered total lost of £17.6 millions by this outage.
More about apple
Apple one of the famous Multinational company in the world founded by Steve jobs,Steve Wozniak, and Ronald Wayne.Apple was founded on 1st of April in 1976.The current CEO of Apple is TIM COOK.Apple is the third largest phone maker in the world and second largest information technology comapany in the world on basis of revenue.