Wednesday 16 August 2017

Snap sold fewer than 42K Spectacles, down 35% in Q2

Snap sold fewer than 42K Spectacles, down 35% in Q2

Snap’s Spectacles sunglasses may prove to be more of a fad than a must-have device. Snap revealed during its call following weak Q2 earnings that it generated $5.4 million in “Other” revenue, which would equate to around 41,500 pairs of its Spectacles camera sunglasses at a $130 price point. That’s compared to $8.3 million in Other revenue in Q1, or fewer than 64,000 pairs, meaning Spectacles sales have declined roughly 35 percent.
Read more: https://techcrunch.com/2017/08/10/snap-spectacles-sales/?source=Snapzu

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