Snap, Inc. (SNAP) is a social media company providing a camera platform in the U.S. and internationally. It has developed many technological products and services, including Snapchat, which uses the camera and editing tools to take and share Snaps, Bitmojis (personal emojis), and Spectacles, which are wearable sunglasses capable of taking Snaps and interacting directly with the Snapchat application. Snap's main source of revenue is advertising. The company learned a painful and what I consider a game-changing lesson when it reported its third-quarter 2021 report back in late October. Snap is to "blame" Apple, Inc.
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Snap (NYSE:SNAP)
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