EPS for Snap Inc. (SNAP) Expected At $-0.33 as of May, 1

Snapchat New Spectacles

At first glance, the Snapchat Spectacles 2 look quite similar to their predecessor, although the design is certainly slimmer than the previous model - making it feel like a real pair of glasses rather than a piece of technology on your face.

Spectacles can store up to 150 videos or 3,000 photos at a time and can be imported to the user's Snapchat account when their phone is close by. With almost all of the 3.5 billion Snaps captured every day, taken on a phone, the company wants to take a leadership role as camera technology evolves, he said. Videos recorded will be in 1216 x 1216 resolution while photos are captured in 1642 x 1642 pixels.

The video recording only lasts for 10 seconds, though extra taps can extend the clip up to 30 seconds.

Snap will be hoping for a change in fortunes with the launch of its new version of wearable Snapchat Spectacles.

It's interesting that Snap has decided, once again, to introduce their spectacles.

Snapchat New Spectacles
Companies Spectacles V2 Snapchat’s Camera Glasses Set for a Redesign

Third, the Spectacles are able to take both photos and videos. But the fervor soon fizzled, and the company disclosed a year ago that it was sitting on hundreds of thousands of unsold pairs and took a $40 million loss on the glasses. The new glasses cost $149.99 and are available on Snap's Spectacles website, no pop-up vending machine required. That price includes the charging case (which is now more compact) and a cable. More recently, Snap began hawking the smart sunglasses online at Spectacles.com, while Amazon.com began carrying the fancy eyewear for $129.99. The case, which doubles as a charger, is smaller as well.

Lenses come in flat and gradient designs, and Snap's partnered with Lensabl so you can buy prescription-strength glasses from their site.

Snap has also added a second microphone, which the company says should help increase overall audio capture quality, particularly when it comes to capturing dialogue.

The new Snapchat Spectacles. But although the first-generation Spectacles model was generally well-received among those who bought it, the Spectacles didn't sell as well as Snap had hoped, and the company was ultimately forced to write down almost $40 million in Spectacles.

Reasons why Venkaiah Naidu rejected impeachment notice against CJI by opposition
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