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A comment on Twitter Shares Slump After Report Says Google Won’t Make a Bid.

Re:Twitter Shares Slump After Report Says Google Won’t Make ... by xmdgngsnsgn on Thursday October 06, 2016 @10:46AM (#12652861)
This is how the web and app bubble pops. First Yahoo went under, now Twitter, and I suspect Uber will be next. It turns out that, yes, you really do need a profitable product, and no, you can't just hand-wave that away with "expectations of future earnings."
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Re:Twitter Shares Slump After Report Says Google Won’t Make ... by jorblumesea on Thursday October 06, 2016 @01:14PM (#12654165)
1) Twitter is known to be a weak player in the market, people have been talking about this for years.

2) The "app bubble" is a gross oversimplification. Uber is a world away from Twitter in product and profitability.

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Re:Twitter Shares Slump After Report Says Google Won’t Make ... by jamisteven on Thursday October 06, 2016 @12:20PM (#12653714)
Uhhh, UBER next? Maybe you need to read their financials and get back to us. UBER is one of the most profitable companies ever to exist. 12 billion in revenue, 2 bil of that is profit.
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Re:Twitter Shares Slump After Report Says Google Won’t Make ... by xmdgngsnsgnn on Thursday October 06, 2016 @12:51PM (#12653960)
You need to check your sources. Uber is hemorrhaging money and lost 1.2 billion dollars in the first half of this year alone.

https://www.bloomberg.com/news/articles/2016-08-25/uber-lose...

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Re:Twitter Shares Slump After Report Says Google Won’t Make ... by jamisteven on Friday October 14, 2016 @02:34PM (#12710178)
^ This is completely irrelevant and as the article you have referenced clearly explains, this loss will not be a problem come the 2nd quarter. This loss was due to the struggle in China, which now has a solution.
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