Kristian_10 :
"CoastAR" What does that mean?
I think it's a pun on the word coaster, which is a term for a useless disc. Since this is hardware, it'd make more sense to call it a paper-weight (literally a thing used to keep paper from being blown off a desk), if it ended up being useless. But that's not as punny.
I think their mistake might've been trying to do everything from the hardware to the software & distribution/social network. Without the resources of a Facebook or Microsoft, that made them late to market. And I think they're not capable of really competing with either. So, I hope they have a good niche play in mind.