Why Snap's Augmented Reality Efforts Might Be Misguided
This quarter, Snap (NYSE: SNAP) reported a massive increase in research and development spending and head count. And while it's making some progress in its augmented reality (AR) offerings, how can such a comparatively small company compete with the likes of Apple and Facebook in tech development?
In this clip from Industry Focus: Tech, analyst Dylan Lewis and senior tech specialist Evan Niu explain what investors know about Snap's AR programs, and what it could mean for the company's growth. Also, the two discuss some uninspiring updates in Snap's Spectacles business.
A full transcript follows the video.
Source: Fool.com