Snap Inc.'s (NYSE:SNAP) latest augmented reality glasses are facing sharp criticism from investor Ross Gerber, who questioned both the product's design and CEO Evan Spiegel's long-term hardware strategy following the device's debut.
Snap's New Specs AR Glasses Draw Criticism Snap unveiled its new Specs AR glasses on Tuesday, opening preorders with a refundable $200 deposit ahead of expected fall shipments in the U.S., U.K. and France.
The glasses carry a $2,195 price tag.
The pricing puts Snap's Specs below Apple Inc.'s (NASDAQ:AAPL) Vision Pro, which starts at $3,499, but well above Meta Platforms, Inc.'s (NASDAQ:META) smart glasses, available from $224.
According to Snap, the device offers up to four hours of mixed-use battery life, while its charging case provides three additional charges, extending total usage to roughly 20 hours.
