Also using data in the article, it says TwitPic gets between 3 and 4 million visitors overall per day. Accepting all of the same assumptions they use for Sheen's figures, that works out at about $10,000 per day.
At 70% profit margin, that's a business turning over $3.65M per annum, and profit / margin of just over $2.5M.
Which I've just realised matches neatly with the figures in paragraph 4.
At 70% profit margin, that's a business turning over $3.65M per annum, and profit / margin of just over $2.5M.
Which I've just realised matches neatly with the figures in paragraph 4.