With 300 million accounts, Instagram has more subscribers than Twitter

With 300 million accounts, Instagram has more subscribers than Twitter
Instagram is red hot. The Facebook owned social media site has doubled the number of its subscribers from 150 million in September 2013, to the September 2014 total of 300 million. According to Nomura Securities analyst Anthony DiClemente, this means that the number of Instagram subscribers currently tops the number of Twitter members, pegged at 284 million.

The analyst said that Instagram is also growing its user base faster than Twitter is. On a year-over-year basis, the number of Instagram subscribers rose 22% in the third quarter. That figure comes from the bean counters at Barclays, and will slow down next year to a growth rate of 14.8%, according to eMarketer. Instagram itself says that 70% of its traffic comes from beyond the borders of the U.S. That would mean that 90 million Instagram users live in the states, as opposed to the 63 million Twitter users who live there.

Facebook paid $1 billion to buy Instagram in April 2012, (although a drop in Facebook's stock price took the final purchase price under the $1 billion mark) and has started to monetize the app using ads.


source: NYPost

FEATURED VIDEO

6 Comments

1. HugoBarraCyanogenmod

Posts: 1412; Member since: Jul 06, 2014

Google+, available on ios and android. Faccebook, available on ios, android, blackberry, windows phone, bada, symbian, firefox, ubuntu, webos, etc. Unfortunately, Google fans still continue to hate Facebook and failed to realise they live inside the cage

2. tech2

Posts: 3487; Member since: Oct 26, 2012

Its called utilizing resources. Its not too difficult to understand how businesses utilize their resources where they actually get return. Just add up the people who use ios & android and then add up all other OSes you've mentioned and you'll have your answer. Its just common sense. Releasing Google Plus on several platforms won't change the fact how buggy and resource draining facebook is. Nice attempt at potraying Google plus as villian to make facebook look better.

3. sipha

Posts: 439; Member since: May 12, 2012

Mmmh phonearena, ARE YOU SURE you not comparing twitter monthly active users with instagrams 'registered' subscribers??? its realy not the samething!!

4. Neo_Huang

Posts: 1067; Member since: Dec 06, 2013

So...300 million White girls posting inappropriate selfies and pictures of food?

5. ArtSim98

Posts: 3535; Member since: Dec 21, 2012

Plus me :p Instagram is not just inappropriate pics. And pics of food are nice :)

6. steodoreben

Posts: 379; Member since: Sep 26, 2013

Instagram gained millions of followers because of Android and WP users.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.