The more economical HomePod is said to be launched by the end of the year. The latest rumour comes only after it’s been reported that Apple had lately reduced sales forecasts and cut orders for its HomePod smart speaker due to the slow economy functionality. Apple has reduced monthly HomePod manufacturing from 500,000 units per month to almost 200,000, as reported from China Times. The business has reportedly intimated its production partners, such as the Inventec Corp.. Together with the cut in production for the initial model, the Chinese news source asserts that the Cupertino giant is currently creating a more affordable HomePod model which will be launched by the end of the year. Price and features of the more economical HomePod aren’t revealed yet.
On the other hand, the superior price tag attracts a custom-engineered amplifier, an array of seven tweeters, six magnets, and the heart – Apple A8 chip which makes it a wise bundle. The company also has offered Siri integration to create HomePod a different model against Amazon Echo and Google Home speakers.
A Bloomberg story on Thursday reported that Apple had cut on some requests with Inventec Corp, one of the major producers behind HomePod. With powerful pre-order outcome, data supplied by Bloomberg by Slice Intelligence emphasized that in the past week of January that the HomePod captured about a third of their US smart speaker marketplace in unit sales. The Apple model during its first 10 weeks of sales were able to grab 10% of the wise speaker market, while Amazon Echo dominated the marketplace with 73 percent share and Google Home took the second place with 14 percent share.