We have all seen the new Instagram app. Whether you own an iPhone or just have a friend who does, we have all seen the photos the app produces. The photos come out like works of art that users love to share with friends and post online on Facebook and Twitter.
As of today, about 27 million users are registered with Instagram. Just a few months ago in December the number sat at only 15 million. And now the number is only going to grow even larger as the app is expanding.
Soon, the Instagram app is going to be introduced to Android phones. Reports from the makers of the app say the Android version is going to be one of the best apps available for Android and it will work at a very fast rate.
It is also being reported that the app will also soon be available for other phones as the company looks to expand.
According to The Wall Street Journal, the company is likely worth about half of a billion dollars. With expansion into the Android market and eventually other phones, the value of Instagram is likely to grow even more.