Categories: Social Media

Twitter takes a dig at Facebook – we’re often making more from mobile than desktop

Twitter is usually tight lipped about its revenue but in a rare event the company’s CEO hinted at Twitter’s recent strong ad revenue – and in the process took a dig at Facebook’s lacklustre mobile performance.

Speaking in San Francisco at an event hosted by The Economist Group Twitter’s Dick Costolo revealed that on several occasions in the last three months Twitter actually generated more ad revenue from mobile devices than from PCs.

Costolo’s comments are likely to put pressure on Facebook, whose avalanching share price has been attributed to (amongst other things) shareholders’ lack of confidence in the preeminent social network’s ability to capitalize on its growing mobile user base.

Twitter’s success at generating mobile dollars comes from the company being “borne of mobile,” according to Costolo. He went on to say;

“We have an ad platform that already is inherently suited to mobile, even though we launched our platform on the Web and only started running ads on mobile recently.”

Contrast this with Facebook’s comments that mobile does “not currently directly generate any meaningful revenue” and you can see why investors are concerned.

That’s not to say that Facebook doesn’t have any plans for mobile, recent reports suggest that the company is looking to make a significant push into the handheld sphere.

The company is reportedly looking again at entering the smartphone market: back in 2010 the first story posted on this site was about Facebook’s possible entry into the handheld market. Since then little has emerged, although reports suggest that several teams inside the company have looked at developing a mobile product.

Facebook recently dropped $1 billion to buy the Instagram mobile photography app but even this might pale in comparison to its possible buyout of Opera. If Facebook buys Opera not only will the social network finally get its own browser but it’ll get a browser that is already pre-installed on millions of low-end mobile devices, as well as TVs, and gaming consoles.

The fact that Opera itself has recently completed the acquisition of a number of mobile advertising companies will only sweeten the deal.

Facebook will take comfort that, in spite of its poor mobile revenue, the company will generate $3.7 billion in 2011, Twitter is expected to surpass half a billion in 2014.

Ajit Jain

Ajit Jain is marketing and sales head at Octal Info Solution, a leading iPhone app development company and offering platform to hire Android app developers for your own app development project. He is available to connect on Google Plus, Twitter, Facebook, and LinkedIn.

Recent Posts

Meet agentic AI: Your AI agent just leveled up to teammate (Brains Byte Back Podcast)

You’ve probably been coming across the term “agentic AI” a lot more recently, and in…

5 hours ago

True robot intelligence requires a digital twin of the entire world: WEF ‘Summer Davos’ in China

In order to achieve true robot intelligence, a digital twin of the entire world would…

15 hours ago

Sensors to surveil people & cities among WEF top 10 emerging technologies at ‘Summer Davos’

Autonomous Biochemical Sensing can turn human bodies into surveillance tools for monitoring and control, Collaborative…

1 day ago

AI and the Dopamine Trap: How Algorithms Are Rewiring Our Social Cravings

New research shows AI companions can lift mood and teach social skills, but only when…

5 days ago

Hate speech, deepfakes & false info undermine UN work: comms chief

Hate speech is a launching point for crackdowns on narratives that impede UN agendas: perspective…

5 days ago

Making Sense brings strategic insight to the SIM Hartford Chapter

On June 4, technology executives gathered at the SIM Hartford chapter presided over by Fariba…

6 days ago