Snap may have more hardware ambitions even though the company took a $40 million loss on its first Spectacles that sold only 150,000 or so units. According to a new report, Snap is working on two new versions of its Spectacles wearable camera. One is apparently an improved model of the original Spectacles while the second is said to be more of an upgrade. Hopefully, these will sell better for the company.
The second-generation model of Spectacles will feature performance improvements as well as bug fixes. They will also be offered in more color options than were previously available.
The second version that the company is believed to be working on are more ambitious. They are said to feature two camera lenses and advanced camera technology. This would drive the cost up and the report suggests that they may cost around $300 to buy.
Snap is said to be in talks with glasses companies like Warby Parker and Luxottica to license its camera technology, which would make the technology available in a wide variety of styles from different manufacturers.
It seems like they are pretty far along in the development process. The launch is expected in the second or third quarter of this year. They will produce fewer units compared to the last time so they don’t take as big of a hit on unsold units this time.