Twitter reports $645m loss for 2013
 

http://www.bbc.co.uk/news/business-26059710

Microblogging site Twitter has reported a net loss of $645m (£396m) for 2013, just three months after its flotation on the New York Stock Exchange.

The loss was expected by analysts, who highlighted Twitter's revenues, which rose 110% last year to reach $665m.

Twitter brings in money largely by selling advertising space and data on tweeting habits.

Investors are hoping that business will begin generating profits as the company continues to grow.

But they appeared disappointed by the company's performance so far. Shares fell as much as 12% in after-hours trading on Wednesday.

User growth slowing
For the last three months of 2013, Twitter said it made a net loss of $511m on revenues of $243m.

More than 90% of that came from advertising, particularly via mobile devices.

Twitter said it was continuing to improve its services to advertisers in the hope of growing revenues further.

It also said it was improving its "overall user experience" by launching enhancements like custom timelines, and the ability to send and receive photos via direct message.

But the rate at which new users are joining Twitter - a measure closely watched by analysts - appears to be falling.

It averaged 241 million monthly users in the last quarter of the year, up just 3.8% from the previous quarter. That is down from growth of 10% seen at the beginning of the year.

they will start with ads soon

http://f.cl.ly/items/150z3X100A2t2M3S2i2Q/divvy2.gif

Why aren't you posting this on Xbiz?

it should make some profit by end of this year

That's because they banned my 1000+ accounts

hmmmm

http://www.nytimes.com/2014/02/06/te...loss.html?_r=0

Why is that?? :mad::mad:

Cause they greedy.

Is it safe yet ?? :party-smi

Twitter is not going anywhere. Within a few years it'll be a company 2 or 3 times the size it is right now. Buy the stock and hold it for 5 years. The stock trades at $50/share. I'll bump this thread in a few years. :glugglug

this already exist https://ads.twitter.com

twitter annoys me, endless emails saying so and so followed this guy, so and so tweeted this and not a single fuck is given, facebook doesn't send me as much bullshit :2 cents:

LooooL....:1orglaugh:1orglaugh:1orglaugh

Ads on twitter aren't effective. I have a tranny site and I paid a lot of money to a well known drag queen to endorse my site to her 200k followers, twice. I got 2 signups.
I think thats the nature of Twitter, its just erratic movement and people want to keep moving, I dont think it will generate many sales.
I know Ill never pay to advertise on it again. I cant be the only one who had bad results advertising on Twitter

now your thinking smart! ;
there is what people want to gossip about and what has potential
q;do you really think in a year twitter wont be up from todays quote?
q;long term will someone new destroy them?
A;yes but who cares if you made money this year
I have 75 twitter promo pages but I lost interest since dossy karma stopped working due to api changes
that's my story
Hyman Roth "i didn't ask;because it has nothing to do with busines"

Just lost 0.000000000000001K on stocks!