Twitter welcomes its 10th anniversary. Is it possible to develop another 10 years? Scott Kessler said it is absolutely reasonable question think about, reports Firstcoastnews.
The current Twitter per share price is $16, which is only 25% of its peak price. It reflects the non-confidence for Twitter share of Wall Street. Twitter received fast revenue growth but it slows down a bit in comparison with the past. The analyst predicted that such situation will continue.
eMarketer decreased Twitter’s performance expectation this week. They assumed the advertising revenue for Twitter in 2016 will be $2.61 billion. It expected that Twitter would received $2.95 revenue last October.
The advertising competition among Twitter, Google and Facebook becomes intense. Sanford Bernstein claimed that the expense of stock-based compensation is more than its growth rate of sales volume.
The most advantages of Twitter that it obtained 300 million users, including stars, famous figures and politicians. Its users are fewer compares with other social medium. Its users only account for one fifth of Facebookâs and even worse compares with Instagram.
It is still a world-class social networking platform though it has fewer users. It makes great impact on some events, such as World Cup, US presidential election.
Dorsey leads the company by concerning the market development. With his return, Twitter’s develop seems to be more stable. He chaired meetings and appointed new senior officers since many executives left the company. It will be a hard challenge for Twitter to go further. Attractive products and wise leadership are also important.
