Snap launches $2,195 Specs, declaring glasses next computer
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Snap Inc. (NYSE:SNAP) shares suffered a brutal 9.6% drubbing Tuesday, marking its worst single-day collapse since March, after CEO Evan Spiegel asked investors to buy into a future where consumers willingly strap a thick,
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SpaceX trades at 100x price-to-sales while Snap bets $2,195 AR glasses are ‘the next computer’
Quick ReadSNAP shares are down 36% YTD after unveiling $2,195 AR Specs, undercutting AAPL's Vision Pro but facing activist calls to kill the $3.5B program.SpaceX's 150x price-to-sales dwarfs MSFT at 9x and AMZN at 3.
Designed as fully standalone AR glasses, SPECS eliminate the need for phones or external devices, offering users immersive augmented reality experiences.
In its relentless search for ways to weave digital products into people’s lives, Big Tech has achieved some big wins. Smart phones are ubiquitous. Apple Watch users talk to their wrists. Artificial intelligence-powered assistants are everywhere.
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Evan Spiegel introduces $2,195 Snap Specs as 'computer of the future'
The Snap Specs are built around advanced displays and cameras that enable augmented reality, allowing users to run apps and third-party software, play games and receive notifications overlaid on the real world through transparent lenses.
The smallest company in the room just shipped the boldest bet on what replaces your phone.
For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones. The Santa Monica-based tech company will soon see if its multibillion-dollar bet on ...
