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Social applications dominate the net according to Morgan Stanley

Posted on April 28th, 2008 by admin in Domain News | 1 Comment »

Morgan Stanley’s Internet Trends report was released last month and it takes a big turn from previous reports – the focus is nearly 100% on social apps and how they are taking over the Internet.

* YouTube and Facebook have more page views than Google or Yahoo (and may be bigger than both combined)
* six out of ten top internet sites are now social – youtube, live.com, facebook, hi5, wikipedia, orkut; none of them were on the list in 2005.
* 16% of total time online is spent on “social connections,” up from 0% three years ago
* YouTube has 258 million users of which 50% visit weekly or more.
* More then 50% of Facebook users log in daily, 95% of Facebook users have used at least one third party application.
* Skype revenue is $1.67 per user per year, up 9%
* Over 14 million photos are uploaded daily on Facebook.

More on this story over at TechCrunch.

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