Updated Spectacles are here; changes include new colors, HD video, water resistance and higher price

After selling 220,000 Spectacles at $129.99 a pair, Snap is back with a slightly more costly and updated version of the video recording glasses. Major changes include the ability to snap photos and record video in HD. The glasses are now water resistant and come in onyx, ruby, and sapphire. At $149.99, the new Spectacles are priced $20 higher than the first-gen model, and will offer faster uploads of pictures and videos to a smartphone. Once loaded on a handset, the images can be shared on Snap's Snapchat messaging app.

Similar to the original Spectacles, pressing on the "record" button will allow the camera to capture 10 seconds of video.  Press again to record for as long as 30 seconds. To snap a photograph, press and hold the same button.

Originally launched in September 2016, the first-generation Spectacles were not a financial success for Snap. An overabundance of inventory caused the company to write down nearly $40 million in the third quarter. Snap says that its business model was the problem, not the product. Spectacles were originally sold through a vending machine which was moved randomly from place to place. Now, consumers can order the new model only from the Spectacles.com website.

The new version of Snap's Spectacles can also be ordered with prescription or polarized lenses. Two-day shipping is free and there is a 30-day return window.

source: Spectacles.com via CNBC


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