"We do not expect to see sustained meaningful growth in [monthly active users] until we start to reach the mass market," Twitter's interim CEO Jack Dorsey warned. "We expect that will take a considerable period of time." This gloom dominated the tone of Twitter's earnings announcement. Despite better-than-expected second-quarter profits, Twitter shares plummeted. "We have not communicated why people should use Twitter nor made it easy for them to understand how to use twitter," Dorsey added. "Th...
What 16 Twitter analysts are saying about the depressing outlook and stock-price crash (TWTR)
Business Insider - 2 Aug 2015 01:47
"We do not expect to see sustained meaningful growth in [monthly active users] until we start to reach the mass market," Twitter's interim CEO Jack Dorsey warned. "We expect that will take a considerable period of time." This gloom dominated the tone of Twitter's earnings announcement. Despite better-than-expected second-quarter profits, Twitter shares plummeted. "We have not communicated why people should use Twitter nor made it easy for them to understand how to use twitter," Dorsey added. "Th...
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