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And that's not their only product:

Bitmoji has been the #1 iPhone app overall since January 11, and it was already the #1 iPhone Utility app since July 22, 2016 (Log in to see) -

https://www.appannie.com/apps/ios/app/bitmoji-keyboard-your-...

https://www.appannie.com/apps/ios/top/united-states/overall/...

And yesterday on eBay, 22 pairs of Spectacles were sold, with one pair went for $229 and 2 others went for $200 each, even though http://www.spectacles.com has been offering them for $130 since last Monday -

http://www.ebay.com/sch/i.html?LH_Complete=1&LH_Sold=1&_from...

Then there is the rumored Android Snap Phone:

http://mashable.com/2017/02/14/snapchat-phone-concept-design...

And Snap Drones, as reported on page 2 of today's NYTimes -

https://www.nytimes.com/2017/02/28/technology/snapchat-drone...

http://i.imgur.com/6Nl0Ymq.jpg



Regarding the Spectacles. They only fetch those prices due to scarcity. If Snap made them available to a more wider audience, people wouldn't be buying them on eBay.


They're now available for any member of the general public to go buy, no invite or celebrity status required.


Unless you're in NYC, you still have to wait 2-4 weeks for delivery. That might be why it's still selling for an ~$80 premium on eBay.


Remember the phone made by HTC and Facebook? https://en.wikipedia.org/wiki/HTC_First


Or Amazon


to me this all sounds like a company with little revenue and no focus and too much money that they are just trying everything to see what sticks to get them to bigger revenue


This is the correct answer.


Trend moving from So(cial)-Lo(cal)-Mo(bile) to AI-AR-Dr(one)-SDR(self driving)


That is actually quite brilliant. Did you just make that up? I can't find it in Google.


Can somebody explain this?


> And yesterday on eBay, 22 pairs of Spectacles were sold, with one pair went for $229 and 2 others went for $200 each...

Snapchat isn't making any additional money from the Spectacles resellers though.


The point is Snap knows how to make things people want. Contrast with GearVRs or Oculus Rifts. They're not selling for above retail on eBay.


I don't think scarcity indicates anything more than a supply-demand imbalance. Some people buy products in this area just to resell even if they don't actually want it. It's tough to make an apples to apples comparison when one company artificially limited the early supply while the others didn't.


"snap to try on" feature is, i feel, a huge hint on how they might monetize further with another company's product




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