Twitter, the micro-blogging service many of us use (and sometimes for the wrong reasons) seems to be profitable.
Are we making Twitter rich then? Of course not: most of the money will come from Internet-search deals with Google and Bing, well, Microsoft.
According to Bloomberg (and many others) these deals, that were announced a few months ago, would make Twitter about $25 million: 15 million from Google and 10 from Microsoft.
Both multiyear agreements would make a small profit for Twitter this year. The operating costs of Twitter are estimated to be between $20 million and $25 million.
Curious to see what the results will be next year. I guess that by then Twitter will have launched some programs for advertisers.