Twitter added a total of four million new users last quarter, a number that seems surprisingly low.
During the company’s earnings call, CFO Anthony Noto provided an excuse
for its lack of growth: An “unforeseen bug” in Twitter’s integration
with iOS 8, Apple’s mobile software update that launched in September.
This “bug” caused Twitter to lose four million users, he added, or half
of the company’s actual growth.
How exactly does that work?
Well, one million of those users were people who downloaded iOS 8 and
either never reopened Twitter, or forgot their password and couldn’t
log back in. The other three million were lost due to Safari’s Reader
section, which no longer pings Twitter automatically for content like it
did in iOS 7. Users who were counted as active because of this
automatic pinging on iOS 7 were then lost when they updated to iOS 8.
So three million of these lost users were
accessing Twitter from a
mobile browser and really weren’t accessing Twitter at all (at least not
consciously). They were counted as “active” because Safari did the work
for them.
So that’s how Twitter lost four million users, although it sounds like it was more about the update to iOS 8 than a bug.
Twitter told investors not to worry, however; growth numbers will
rebound in Q1. CEO Dick Costolo said that early growth reports the
company is collecting mean Twitter should be back to the kind of growth
it had for the first three quarters of 2014 — an average of more than 14
million new users per quarter.
That explanation, and a solid financial quarter from the company,
helped push Twitter stock up more than 10 percent in after-hours
trading.
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