Report notes steep decline in traffic to Google+

The Daily Mail says the social network’s traffic has dropped 60 percent since it opened to the public. A Forbes contributor has blown a hole in that math.

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When the social network opened to the public last month, its traffic spiked 1,200 percent. “Since that free-for-all on Sept. 20, the site’s traffic dropped down by a massive 60 percent,” reports the Daily Mail.

You wouldn’t know it by listening to Google CEO Eric Schmidt. He recently told PBS in an interview:

“Now we have a product called Google Plus, which is doing extremely well, which looks like a worthwhile competitor in a slightly different space, with more privacy controls, for example, than Facebook.”

And, according to Forbes contributor Tim Worstall, the Daily Mail‘s math might be a tad off. Worstall writes:

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