These setbacks come at a troublesome time for Sonos. The corporate’s inventory value has declined by 32% this yr, contrasting with the broader market’s beneficial properties. This yr was purported to be a interval of enlargement for Sonos, with the launch of latest merchandise. Nevertheless, the app disaster has compelled the corporate to shift its focus to addressing the software program points.
The brand new Sonos Ace headphones | Picture credit score — Sonos
Whereas it is comprehensible for {hardware} glitches to trigger delays, software program points are usually resolved extra shortly. The truth that Sonos remains to be grappling with the fallout months later underscores the severity of the state of affairs. The corporate has already needed to lay off workers, probably because of the monetary affect of the app issues.
It stays to be seen whether or not Sonos can get better from this setback. The corporate’s status for high quality audio merchandise stays intact, however the app disaster has undoubtedly broken its picture. It is going to be essential for Sonos to handle the software program points successfully, and ship the high-quality merchandise that it’s recognized for, with a view to regain the belief of its prospects.