Sure thing, here’s something that feels a bit more like a ramble from, well, someone who’s just kind of chatting with you about this:
So, EssilorLuxottica just spilled the beans on its money stuff for the second quarter—big whoop, right? But hold on, the kicker? Ray-Ban Meta smart glasses blew up, like, majorly. We’re talking tripled their revenue from last year. Yeah, I know, sounds like a load of corporate speak, but stay with me here.
These glasses dropped in 2023 and are the second version of their kind. They do, like, everything from blasting your tunes to snapping pics and even searching the web thanks to Meta AI. Fancy, huh? You can get your mitts on them for $300. Not chump change, but hey, they’re selling like hotcakes. So much so, that Meta is saying, “Yeah, let’s keep this thing going with EssilorLuxottica till 2030.” Plus, there’s a rumor floating about Meta pouring $3.5 billion into this French-Italian eyewear behemoth. I don’t even know what that amount of money looks like.
Oh, and there’s a picture somewhere of these snazzy specs if you care. They teamed up and released this snazzy pic of the Ray-Ban Meta glasses. Love or hate them, they are kind of iconic?
Anyway, back to the money talk. Recently, the business said, “Wow, we’re really going places in the first part of the year!” Apparently, these AI glasses are getting more love than ever—revenue tripled compared to last year. Can you believe it? All thanks to these shiny pieces of tech. But—and here’s a head-scratcher—those numbers don’t seem to include sales from Oakley Meta HTSN. They launched pre-orders on July 11 for $500. Limited Edition, if you can believe it. That’s like two months’ rent for some folks!
Weirdly, they didn’t say how many they’ve shipped off, but back in February, EssilorLuxottica announced they’d sold 2 million since 2023. Yeah, it’s kind of a huge thing.
The big wigs, CEO Francesco Milleri and Deputy CEO Paul du Saillant said, “Look, we’re doing well despite everything being a hot mess globally.” Apparently, they raked in 14 billion euros or thereabouts. Not too shabby in this crazy world.
Of course, they’re dealing with a lot, like crazy customs duty issues in the US and the dollar not playing nice with other currencies. But still, they’re trucking along. The finance world is wild, man, isn’t it?
Anyway — wait, where was I? Oh yeah, that’s the gist of it. Quite a wild ride, huh?
