Looks like Snap may have Bayo (2025)gotten ahead of itself.
Hundreds of thousands of unsold Spectacles are sitting in a warehouse in China, according to an article by The Information.
Spectacles were greeted with near fervour when they were first introduced, leading Snap to overestimate demand, ordering "hundreds of thousands" of additional units. But when the hype died down soon after, the company found itself left with too many units.
SEE ALSO: Snapchat's next trick: More dancing hot dogs, but as adsKeep in mind that each pair of glasses costs $129.99, not a small sum of money.
Snap CEO Evan Spiegel revealed earlier this month that the company has sold "over 150,000 units" -- which, if you take into consideration that there likely a greater number sitting in a warehouse, doesn't sound great.
According to The Information, the unsold inventory includes assembled parts in a warehouse in China, so it is possible that Snap could modify the parts and use them in a new version of the Spectacles.
Still, Spiegel has downplayed the importance of hardware to Snap in the near future.
"Our view is that hardware is going to be an important vehicle for delivering our customer experience maybe in a decade," he said at a conference earlier this month, according to news outlet TechCrunch.
"But if we believe it's going to be important in a decade, we don't want to be starting a decade from now."
If you say so, Snap.
Topics Snapchat
After the Fire
Fisker Ocean wants to be a sustainable, affordable electric SUV
This Mark Zuckerberg parody is so good that people think it's real
Chinese hackers infect carriers to steal SMS messages
The Poor Under Attack
Papa John's jack
AirPods Pro and Android: Is it worth it?
McDonald's and Burger King get graded on their beef. Which one got an F?
Citizen Zuckerberg
Airbnb bans 'party houses' following Halloween shooting
The Musk of Success
Streaming services guide 2019: Disney+, Apple TV+, HBO Max, and more
'The Last Jedi' Part 2: New Star Wars novel reveals what came next for the Resistance
Meet Tetra Pak, the most maddening piece of packaging in your kitchen
The Musk of Success
IKEA releases plans for a spherical garden you can build with tons of plywood and lots of patience
Tattoo artist beautifully explains why women cover their mastectomy scars
Halloween is over. The seasonal holiday wars have begun.
PlayerUnknown's Battlegrounds Graphics Performance Revisited: 44 GPUs Tested
Sad internet boy Elon Musk decides to log off. Again.
Redux: Desire Is Curled by The Paris ReviewRedux: Eerie Fictions of the Afternoon by The Paris ReviewRedux: Eerie Fictions of the Afternoon by The Paris ReviewWikipedia halts AI plans as editors revoltRedux: Revelry by The Paris ReviewWhiting Awards 2019: Kayleb Rae Candrilli, PoetryCrashing W. S. Merwin’s Wedding by Edward HirschA Storm Is Blowing by Brian DillonA Bathroom of One’s Own by Larissa PhamWhen Mario Vargas Llosa Punched Gabriel García Márquez by Silvana PaternostroHow to Look at a Desert Sunset by Bruce BergerThe Corner of ‘MacDoodle St.’ and Memory Ln.Redux: The Geography of Self and Soul by The Paris ReviewMeet Your New Favorite Poet by Anthony MadridDeborah Eisenberg’s Life in Comics by Liana FinckA Quaker Woman Writes about War by Lisa GornickA Quaker Woman Writes about War by Lisa GornickStaff Picks: Moscow, Misunderstandings, and Money Mark by The Paris ReviewThe ArtistAna Mendieta, Emotional Artist by Emily LaBarge YouTube is introducing unskippable ads to TV Edward Lear’s “The Dong with a Luminous Nose” by Sam Munson The Supremes by Joshua J. Friedman Here's why your timeline is talking about the mail and USPS. (It's not good.) Mad Man by Lary Wallace Ladies, Gentlemen, and Bears: We Have a Winner! by Sadie Stein Alice Munro’s First Story, Rediscovered by Sadie Stein OpenAI launches an iOS app for ChatGPT 'The Legend of Zelda: Tears of the Kingdom' sold 10 million copies in 3 days 5 practical ways to cut back on doomscrolling Literary Paint Chips: Gallery 3 by Leanne Shapton and Ben Schott As Ever by Sadie Stein What We’re Loving: Janácek, Cooke, and Literary Booze by The Paris Review If You Missed the Translation Panel… by Sadie Stein A Little Vacation from Writing by Sadie Stein Jill Biden and Douglas Emhoff are building a beautiful virtual friendship Literary Bars, Brooklyn Lamentations by Sadie Stein Google Pixel phones may get a dashcam feature Elon Musk says work from home is 'bull**it' and 'morally wrong' Twitter and the porn apocalypse that could reshape the industry as we know it
2.3164s , 10100.6953125 kb
Copyright © 2025 Powered by 【Bayo (2025)】,Charm Information Network