For those of you who are Snapchat users, they have reported a decline in daily users for the last quarter. Me personally, when I got a new phone, I never readded the app. It gets mundane after a while. There is only so much you can do with a disappearing photo/video app.
They did however beat their expected revenue, so people are spending money on the app.
Does this mean Snapchat might have reached their peak of life? Unless they have something up their sleeve, I think so. It doesn’t capture anyones attention anymore.
What are your thoughts on Snapchat?