What desktop version? 76 per cent of Twitter users go mobile, as numbers slow

 

 

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What desktop version? 76 per cent of Twitter users go mobile, as numbers slow
2/5/2014 9:13:00 PM

Twitter has reached 241 million monthly active users, 184 million of which are checking the social network through mobile. The announcement came as part of Twitter's first earnings report since becoming a public company in November, and show a 30 per cent year-over-year gain in monthly active users. 

Financially, Twitter reported Q4 revenue of $243 million, up 116 per cent year-over-year, and a net income of $10 million.

"Twitter finished a great year with our strongest financial quarter to date," said Dick Costolo, CEO of Twitter. "We are the only platform that is public, real-time, conversational and widely distributed and I'm excited by the number of initiatives we have underway to further build upon the Twitter experience."

The results show a slowdown in user growth at Twitter, only adding about nine million more users over the past three quarters. Timeline views reached 148 billion in the fourth quarter of 2013, an increase of 26 per cent year-over-year. Its mobile business is now accounting for 75 per cent of its revenues. 

Twitter still pales in comparison to Facebook, who revealed last week it has 1.228 billion people accessing it monthly, 945 million of which are on mobile. 

Twitter thinks it will earn $1.15 billion to $1.2 billion in 2014.

Twitter will be holding an earnings call at 5pm EST to talk about the numbers in detail. We'll update you with the interesting details. 

 

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