Snap sold under 42K Spectacles, down 35% in Q2

in #blog8 years ago
Snap’s Spectacles sunglasses may prove to be more of a fad than 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 less than 64,000… Read More

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snap has a poor business model tbh. I would just steer clear of it until they work out the kinks in their advertising system and find a way to make actual money. These spectacles were poorly advertised and I never even heard of them, so they must be doing something wrong