Google+ Adding 625,000 Users Every Day (GOOG)

Photo of Paul Ausick
By Paul Ausick Published

The latest figure for the number of users of the Google+ social network from Google Inc. (NASDAQ: GOOG) is more than 62 million. The sign-up rate for the Facebook competitor has reached about 625,000 a day, which means that by the end of next year, Google+ could have 400 million users.

Facebook now claims more than 800 million users, so Google+ remains a distant second. Still the sign-up rate is impressive. Google has made it easy to sign-up for Google+ through its Android mobile device operating system. The company said that 3.7 million new Android activations occurred over the Christmas weekend, and that normal daily activations now run around 700,000.

Google+ was first made publicly available in September, so the sign-up rate is nothing short of phenomenal. Whether Google+ can convert these sign-ups to active users who recruit more friends and family and then make some money from the whole enterprise remains to be seen.

Contact [email protected] for any questions or corrections.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

TRV Vol: 1,221,344
LYB Vol: 656,532
Dow
DOW Vol: 1,769,359
ADM Vol: 835,541
PANW Vol: 2,147,767

Top Losing Stocks

SNPS Vol: 1,153,177
CDNS Vol: 1,295,146
ISRG Vol: 3,935,369
CTRA Vol: 73,319,495
NFLX Vol: 57,131,849