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Snapchat reportedly has 'hundreds of thousands' of unsold Spectacles
Sure, they were a hot commodity when they first dropped, but almost a year later and Snapchat has "hundreds of thousands" of pairs of Spectacles sitting in Chinese warehouses. The news, via The Information, comes after CEO Evan Spiegel boasted that sales of the video-recording sunglasses had topped 150,000. Apparently execs were so enthused by how popular Spectacles were in their limited run, that the company ordered more and is left holding the bag now that demand has waned.