Why Navy Capital's Stiefel Still Likes Snap

The transcript discusses Snapchat's quarterly results, highlighting improvements in DAU and ARPU. It addresses market sentiment and analyst views, focusing on the potential impact of the iPhone 8 and augmented reality features. The discussion emphasizes Snapchat's focus on iOS development and its implications. Finally, it explores investment strategies, considering Snapchat's classification as a camera company and the future of 3D sensing technology.

How did the average revenue per user (ARPU) change compared to the last quarter?

What were the sentiments regarding the company's performance in the second quarter?

What is the significance of the iPhone 8 launch in relation to Snapchat's growth?

What was the reaction to Evan Spiegel's augmented reality hot dog feature?

Why is Snapchat's development focus primarily on the iOS platform?