Biggest tech bombs of 2017
LOS ANGELES -- Looking back at 2017's tech products that bombed, none of these misses was more glaring than some wild video sunglasses that didn't exactly snap with consumers. The cute $129 video sunglasses called Spectacles from Snapchat parent Snap were initially hard to get. Then Snap put them on sale nationally in February and the broader based of national consumers showed little interest in the product, leaving a backlog of thousands of unsold glasses, and a $40 million write-down from Snap. A Wi-Fi enabled juicer with a sky-high price tag of $400 didn't make a lot of sense to consumers, especially when it required a subscription to buy proprietary Juicero bags of fruit to turn into juice. Another blow against this product was the discovery that squeezing the bags with your raw hands worked just as well as turning on the juicer.
Dec-26-2017, 18:03:04 GMT
- Country:
- North America > United States > California > Los Angeles County > Los Angeles (0.26)
- Industry:
- Information Technology (0.53)
- Technology: