Spotify Discontinues Car Thing Smart Player
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Spotify has discontinued its Car Thing hardware product, which allowed users to control Spotify's streaming service in cars using voice recognition and preset buttons. The product is no longer operational.
December 10, 2024 | 3:45 am
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Spotify has discontinued its Car Thing product, which was designed to enhance in-car streaming control. This move may indicate a shift in Spotify's hardware strategy.
The discontinuation of Car Thing suggests Spotify is reevaluating its hardware strategy, but the impact on the stock price is likely neutral in the short term as Car Thing was not a major revenue driver.
CONFIDENCE 90
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RELEVANCE 80