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Meta plans next-gen "Smart Glasses", as Ray-Ban deal faulters

8/3/2023

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Last month, Meta CEO Mark Zuckerberg said he was still optimistic about the metaverse.

Consumers, however, seem less enthusiastic about the devices designed to serve as a herald of the company’s planned virtual world.

The Ray-Ban Stories smart glasses that Meta introduced in 2021 have failed to catch fire with the people who buy them, with many of them rarely using the devices, The Wall Street Journal (WSJ) reported Thursday (Aug. 3).

Fewer than 10% of the 300,000 pairs of glasses sold by Meta are actively used by their owners, per the report, which cited a company document. The product has also seen a 13% return rate.

Meta has not responded to PYMNTS’ request for comment.

Stories, seen as a key component in Meta’s hardware plans, lets users take photos and listen to music via their glasses frames.

Users had trouble with connectivity, audio, voice commands and battery life, or had difficulty importing media, according to the report.

“We’ll also need to better understand why users stop using their glasses, how to ensure we are encouraging new feature adoption, and ultimately how to keep our users engaged and retained,” the document said, per the report.

Meanwhile, Meta still wants to release a second generation of the glasses either in the fall or next spring, according to the report. While this version will not have augmented reality features, Meta executives see Stories as a precursor to its as-yet-unreleased augmented reality glasses.
(...)

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022