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ronin691Sep 17th 2009 9:21AM

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"...Is there any possibility that Twitter is actually -- or will ever be -- worth this much?"

Much more than that when if factor in the revenue Twitter takes away from the phone companies. AT&T charges $1,300.00 per megabyte for text messages:

http://government.zdnet.com/?p=3991

...so how many Twitter DMs, how many tweets in general, have been sent that would have otherwise been text messages? At $1,300.00 a meg, tweets have robbed the telcos of multiple billions of dollars.

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(Unverified)Sep 17th 2009 8:56PM

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I see where you're going Todd. That would make sense, if Twitter made any money being a replacement for overpriced SMS. As it stands, Twitter actually burns money by providing the SMS gateways, as they pay for those messages, instead of the user. (Albeit at considerably less than $1300 per megabyte, which is a little bit of a misnomer.)

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