On Thursday, Twitter reported its Q4 2014 earnings and, in the process, Twitter's top execs took a jab at Apple when discussing the microblogging giant's user base.
Although Twitter's earnings were impressive, beating estimates, the company fell short of targets on user growth. (Twitter confirmed 288 million monthly active users as opposed to the projected 295 million). Twitter's response?
Apple's iO8 is at least partially to blame.
Twitter CFO Anthony Noto pointed his finger at Apple when discussing the shortfall. "We lost approximately 4 million net users due to rollouts of iOS 8," said Noto, dwelling on the September release of the latest operating system.
Noto's assertions, however, weren't immediately or warmly embraced by some. In fact, many knowledgeable social media users and investors alike were mystified by the comments. So what is Noto referring to? Business Insider attempted to get to the bottom of the underlying issue.
"In iOS 7, if you are logged into Twitter, the Shared Links section will automatically show you recent tweets from people on your connected Twitter accounts," BI reports. "iOS 8 got rid of that automatic polling, so tweets weren't immediately up to date. You can also follow RSS feeds in the Shared Links section, which may have reduced the prominence of Twitter links there. Twitter said that another 1 million people dropped out as they upgraded and could not get their passwords to work because of an encryption issue."
So... legitimate or lame excuse? You be the judge.
Source: BI
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