The death of Twitter begins - Twitter stock down 12% today

in twitter •  8 years ago  (edited)

Twitter (TWTR, Tech30) posted sales of $717 million for the fourth quarter, missing Wall Street estimates and increasing just 1% from the same quarter a year earlier.

The lackluster sales growth was due to a decline in advertising revenue, particularly in the U.S. where ad sales declined 7%. Twitter is struggling to compete for ad dollars with larger or faster-growing Internet services.

Twitter's user growth remains stalled. It had 319 million monthly active users in the fourth quarter, a gain of just two million from the previous quarter.

Twitter has also been one of the most active companies in censoring free speech. So it makes sense why no one is joining the platform. Why post your thoughts on twitter with the chance they may be flagged for violating the terms of service agreement especially if you have a large audience?

The stock fell 10% in pre-market trading Thursday following the earnings release.

"The whole world is watching Twitter," Jack Dorsey, Twitter's cofounder and CEO, said on a conference call with analysts. "While we may not be currently meeting everyone's growth expectations, there is one thing that continues to grow and outpace our peers: Twitter's influence and impact."

Jack Dorsey is smoking a whole lot of 'Hopium' trying to reassure investors but internet companies with no growth are doomed and replaced very quickly. Bad move Mr Dorsey for censoring people's speech your investors are going to pay the price and I hope they sue you. To be a successful social networking site you have to be tolerant and respectful of peoples rights and that's one of the reasons Steemit has been so successful. It's only a matter of time before the majority of twitter users find another site to post their content. Mr Dorsey you lost the trust of your customers and it's probably going to take an act of God to regain it.

http://money.cnn.com/2017/02/09/technology/twitter-earnings/

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I Love steemit ive only been on i think this is day 5 now and its been awesome... I HATE facebook , i use it for business advertising for my website and etsy store i dont use it for personal use i find people are too bitchy its like being in school playground all the bitchyness that goes on there . i only post ads on there and thats it , years ago i got sucked into playing mafia wars i think it was ..oh my god i was zombified ... I use twitter for business and reposing interesting finds but thats about it.... I think i have used steemit more in the last few days that i have facebook and twitter in the last few months ..... Steemit is so addictive I LOVE IT
Feel free to Follow me !!!!

Haha, very nice!

People will move to places like gab.ai, minds.com, and hopefully steemit. Honestly, I love steemit as compared to the others, and the fact that you can get paid for using this great blogging platform and nobody can shut you up... is fantastic.

yup, there's too much competition on the internet for any social media company to openly censor free speech.

I use facebook for friends and family, twitter for social marketing, minds for promotion of my steemit posts, and gab because that's where all the cool people who get kicked off twitter go lol.

Steemit is my favorite. It's like the old blogging sites I used back in the early 2000's except I actually make money. It's awesome.

@shayne

I think facebook will be in the same boat as twitter soon as people stop putting up with the PC corporate bullshit.

I signed up for minds but never really "got" it. Care to help a gal out?

The only benefit I see is the boost feature. Otherwise, it doesn't offer much if anything different than other social media.