Monday, October 23, 2017

Snapchat reportedly sitting on a mountain of unsold Spectacles

Our favourite Venice beach company, Snap, appears to have miscalculated the demand of their $180 camera-equipped glasses. The Information reports that despite Snap CEO Evan Spiegel's claim that they sold beyond expectation, the company has  "hundreds of thousands" of assembled and unassembled Spectacles sitting in warehouses in China that may never find buyers. The company's executives […]

Read More: Snapchat reportedly sitting on a mountain of unsold Spectacles



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