Snap to release new versions of Spectacles soon

Snap is apparently working on new versions of its Spectacles wearable camera, according to a report on Cheddar. This release will be a follow-up to the Spectacles that were initially released in late 2016.
Back in 2016, when they were perceived as a hot commodity, hundreds of people camped out in front of stores hoping to get their hands on the camera equipped specs. There were even reports of some spending upwards of $1,000 on eBay to avoid the queues. But late last year it was revealed that company had hundreds of thousands of unsold pairs and a confirmation that Snap took a $40 million loss after completely mis-estimating demand. But despite a rocky start, Snap seems ready to give it another go.
Cheddar claims that Snap is now working on new smart glasses that will be released this fall and in 2019. The 2018 version will come with bug fixes, offer new colors and will be water-resistant. However, the advanced model that will be released in 2019 will be made of aluminium, with more circular lens frames and with a leather case. It will feature two camera for 3D depth effects and built-in GPS. This pair could cost up to $300.
Finally, Snap is considering partnerships with companies like Warby Parker and Luxottica to put its technology into their own glasses. But, the company is scaling down its expectations this time around and planning to sell fewer sets of glasses.The report goes on to say that the company intends for future versions of Spectacles to incorporate AR capabilities. But this may be several years down the line.

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