Friday, March 2, 2018

Snap to Release New Spectacles This Year

Remember those crappy glasses launched by Snap that sold so poorly the company was forced to write off $40 million dollars in costs related to "Spectacles inventory?” Apparently the company hasn't learned its lesson.

Word of a new version of Spectacles comes only months after Snap announced that it had lost $40 million on its much-touted original product, selling only 150,000 pairs and leaving hundreds of thousands of glasses unsold. Snap has additionally considered including a built-in GPS and a leather case, as well as a potential price tag of around $300, which would be more than double the current $130 cost for Spectacles.