‘Why Twitter Isn’t Turning a Profit’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Why Twitter Isn’t Turning a Profit”.
Chris Taylor says, “Perhaps the most surprising sentence in Twitter’s IPO documents Thursday — and the most troubling news for fans of the social media service — came on page 23 of its S-1 filing.”We have incurred significant operating losses in the past,” the company said, “and we may not be able to achieve or subsequently maintain profitability.”
Translation: Twitter hasn’t made a dime. And there’s no guarantee it will in the future“.
Why Twitter Isn’t Turning a Profit
Mashable.com
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