Twitter’s doing properly now, however its progress days could be numbered

Twitter's doing well now, but its growth days might be numbered

By all accounts, Twitter’s doing what it is presupposed to: coaxing extra individuals into utilizing its excessive-velocity social snark service… simply perhaps not as quick as some would really like. In accordance with Twitter’s third quarter financials — by which the corporate met or exceeded most milestones Wall Road varieties have been hoping for — thirteen million individuals began utilizing the service over the previous three months, bringing the whole to a whopping 284 million month-to-month lively customers. Not too shabby, proper? That is up fairly substantial over final yr, too. The doubtless bushy problem is that Twitter introduced sixteen million individuals onboard final time it dropped numbers, and 14 million the time earlier than that. Couple that with the truth that Twitter expects to rake in barely much less cash subsequent quarter than analysts anticipated, and you have got various individuals involved that Twitter’s progress is winding down.

Twitter CEO Dick Costolo remarked to CNBC after the outcomes dropped that these consumer numbers are “precedence primary” however it does not take a genius to determine that massive features in consumer progress cannot sustain ceaselessly. He additionally added that the corporate is specializing in making an attempt to enhance the “new consumer expertise,” and broadening the type of content material you see in your Twitter feed.

That is maybe why the corporate’s been so eager on including new bits to the expertise — Twitter’s product workforce retains pushing to increase what was as soon as a quick-paced chatting device right into a jack of all trades. Now you’ll be able to take heed to SoundCloud tracks with out leaving your tweet feed. The corporate found out a method to extra elegantly shoehorn movies into its cellular app. Talking of cellular, a full eighty % of Twitter’s lively customers like utilizing the service on the go, which makes its push to make it simpler for builders to embrace the service make much more sense. Hell, fairly quickly you’ll purchase stuff from, and switch cash with, a tweet. Oh, and there is the looming spectre of a redesigned feed that would function organized tweets as an alternative of the complete firehose we’re used to (naturally, some individuals are particularly cautious of that final bit). Each a type of seemingly disparate additions is yet one more approach for Twitter to attempt to make itself invaluable to your day by day life… and, you already know, flip a heftier revenue too.

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