The company plans to add significant functionality to private messaging: The company is calling it key to long-term growth. It sounds like Twitter wants to take the fact that people text each other all the time and bring that texting communication inside its system. Plus, it's making it easier to share Tweets privately, rather than having to send an email when you want to share a tweet with someone.  Read More One year after IPO, Twitter investors are wary  Twitter's working to launch a range of new services and apps: For developers, that means new tools like its 'Fabric' developer toolkit. For users, that means totally stand-alone apps like 'Vine.' (Here Twitter seems to be taking a page of Mark Zuckerberg's strategy to build out a portfolio of apps around Facebook). The more tools it gives developers, the more distribution its ads and Tweets will get. The more apps it offers, the more opportunity to generate ad revenue.  Expect a range of improvements to the product: Twitter will make it easier to watch video on Twitter. Users will be able to record, edit and share video within Twitter. It's investing in improving search and new location-specific experiences. Plus, Twitter's working on some curation—so when you come back to the app after being away, instead of seeing just the latest tweets, it'll feature the most important tweets from "While you're away." Why? If every time you open Twitter you see something really great, rather than just the latest, you'll be more likely to share it.  Read MoreTeen: Facebook isn't cool but we still use it  CFO Anthony Noto is bullish on revenue growth: Noto admitted that his plans are "aspirational," but he laid out a couple of scenarios that would enable the company to scale to the kind of revenue that the largest Internet companies have.
CEO Dick Costolo provided a clear picture of his vision for Twitter, and the company's stock soared following his presentation.