Friday, October 25, 2013

Twitter's Future is Bright

Related Article: Twitter is worth more than $11 billion

Twitter, which began with conservative stock prices, is now on the rise as prices are predicted to go up. This micro-blogging site leads the industry as it continues to grow without setback. Morningstar analyst Rick Summer is very positive about the company's business model.

"They've done a good job of offering unique advertising and not forcing products that don't work," Summer said. "They dominate their market and really partner with companies, which use Twitter to distribute their content widely. It's attractive."

Twitter excels in the mobile world, a place where Facebook once suffered and lost much of it's value. The firm, while still fairly new, is growing it's advertising network and hopes to eventually reach the amount of users that Facebook now holds.

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