first foray into the wearables market has been a flop so far, but Evan Spiegel and his team might not be giving up on Spectacles just yet.
Snap is reportedly preparing two new versions of its smartglasses, Spectacles. The new spectacles will be resistant. Similarly, although the single-camera model is planned for this fall, /Cheddar/ reports that it might be delayed into next year as well.
It's unclear why Snap thinks a new iteration of spectacles could solve, especially since the project is reportedly beset by missed deadlines. Of course, they will increase the price per specs upto $300 from $130 of its first generation which is more than double the price. In addition, Snap is already working on a third generation of the device that will feature two cameras, which is supposed to allow 3D effects in recorded videos. Reports also suggest that the company may acquire maging company FiveFocal before the end of this year which would help the users to search for new things while wearing the sunglasses. That's a little surprising considering the first batch of social media glasses only sold around 150,000 units, leaving the company with a lot of stock on its hands.
Cheddar also reports that Snap is considering partnering with Luxottica and Warby Parker on sales on building camera tech into their existing eyeglasses, though it seems like those discussions are still at an early stage. Visit MarketWatch.com for more information on this news.