Twitter To Earn $150 Million In 2011 [FORECAST]

According to a forecast by eMarketer, Twitter is expected to make roughly $150 million in revenues for 2011 and around $250 million in 2012 as the company has been rapidly growing. A majority of the revenues is expected to be from U.S. partners. Twitter made about $45 million in 2010 which is the first year that the company sold ads.

“If Twitter can grow its user base and convince marketers of its value as a go-to secondary player to Facebook, it will succeed in gaining revenue,” stated eMarketer principal analyst Debra Aho Williamson. “In 2011 it must work overtime to give its early advertisers a positive experience.” Even though Twitter is expected to make less money than Facebook next year, they will probably make more than MySpace.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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