Texting May Ruin Twitter Growth

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By Douglas A. McIntyre Published
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Texting, a simple method to send messages from wireless handset to handset, may be the largest single roadblock to Twitter’s growth.

A survey by Pew shows that among internet users between 8 and 17 years old, only 8% use Twitter while 66% of the age group send or receive text messages. That means that millions of people are bypassing Twitter as a means of communicating though short messages. Even among older teens between the ages of 14 and 17, only 10% are likely to use Twitter. In another survey, Pew found that 19% of adults online use Twitter.

As the teenage group ages, its lack of interest in Twitter could sharply undermine the growth of the service.

The research also showed that 73% of teenagers online use one or more social networks compared with 47% of adults. The figure for the older group is up from 37% in November 2008. The Pew survey shows just how much Facebook has done to erode MySpace’s place among social network users. “Facebook is currently the most commonly used online social network among adults. Among adult profile owners 73% have a profile on Facebook, 48% have a profile on MySpace and 14% have a LinkedIn profile,” the study showed.

Pew’s poll also shows that mobile computing is ruining the desktop business especially among the relatively young. “The impact of the mobile web can be seen in young adults’ computer choices. Two‐thirds of 18‐29 year olds (66%) own a laptop or netbook, while 53% own a desktop computer.”

The research, if correct, is bad news for Twitter and good news for Facebook, and another indication that Twitter may go the way of the hula hoop, one of the great fades of the early 1960s.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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