XRYahoo Financeabout 4 hours ago
Snap spent $500M developing $2,195 AR glasses
1 min read
Guggenheim analyst Michael Morris estimates Snap invested about $500 million in Specs development over the past 12 months. The $2,195 AR glasses pack dual Qualcomm Snapdragon processors and a virtual screen scaling from 24 inches to 115 inches. Snap shares fell 10% after the reveal, trading below $5.
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