Monday, January 24, 2011

Twitter to Earn $150 Million Profit From Ads in 2011

As the Social Networking Sites Getting Growth at speed of a Rocket their Profits are also going upward. Facebook, Twitter, Myspace all Social Networking sites are getting more profit in every new month.  Popular Microblogging Site Twitter is expected to make profit of $150 Million just from Ads in this year 2011 and this profit will possibly reach the $250 Million in next year 2012.

Big Companies like Coca Cola, Asus, HP are using Twitter for advertising from which Twitter is making huge profit.  It is also expected that Twitter will become second highest profit making Social networking site in upcoming years after Facebook.  It all depends on how much more new Users joins Twitter and other Social networking sites in future.