Home > Latest News > Sonos Share Price Falls After New Move 2 Speaker Launch

Sonos Share Price Falls After New Move 2 Speaker Launch

Struggling to lift their share price, Sonos is having another crack at the small network speaker market, which is dominated by JBL, this time with an updated Move 2 portable speaker, which this time round has stereo sound but it’s expensive at $799.

All that Sonos has done is tweak the design, added a couple more touch controls, and stereo sound while jacking up the battery life.

Also included is support for Wi-Fi 6 and Bluetooth 5.0 connectivity but it is heavy and will add to your luggage weight if travelling with the speaker as it weighs 3 kilos.

Basically, the speaker now has angled tweeters, which Sonos says creates “a crisp and accurate high frequency response and stereo separation.”

It also has an IP56 rating to handle dust and water issues.

It’s made with shock absorbent materials and the carrying handle has been retained, making transportation of the heavy speaker a little more manageable.

Voice assistant compatibility is still available despite Sonos’s fight with Google.

The US Company is also sticking with their Automatic TruePlay feature, which can hone the audio depending on your environment.

It will be available in black, white and a new Olive Green hue.

Sonos’ shares dropped following the launch of the new speaker to US13.45 which is $2.50 below the share price when the original outdoor speaker was launched in 2019.



You may also like
Is This The End For Sonos, Customers Desert Them, Stock Tanks & No App Fix
Is It Time For Sonos CEO TO Quit With Their App Latest Debacle Damaging The Already Tarnished Brand
Sonos To Delay New Products Due To Botched App, As Ace Headphones Delivers Revenue Rise, Shares Fall
Sonos CEO Finally Admits The Company Screwed Up With Dodgy App Release
Sonos 8-inch Speaker Now Shipping

Popular Posts

AMD Ryzen 900 Processor (Image: Sourced from AMD website)
Cold Reception For New Ryzen CPU After ‘Factory Tour’ Leak
Latest News
/
/
Trackman
Sports Tech Company Trackman Failed To Protect User Information
Latest News
/
/
Apple Vision Pro Sales Stalling
Latest News
/
/
Under Siege Telstra Admits They Would Be Happy To Sell Their 35% of Foxtel
Latest News
/
/
Adobe Premiere Pro Creating Vision Out Of Thin Air
Latest News
/
/

Digital Magazines

Recent Post

AMD Ryzen 900 Processor (Image: Sourced from AMD website)
Cold Reception For New Ryzen CPU After ‘Factory Tour’ Leak
Latest News
/
//
Comments are Off
Leaks about AMD’s new Ryzen processor from a purported factory tour have left tech types scratching their heads about whether...
Read More