Lackluster HomePod sales may force Apple to release a cheaper model

HomePod Flop

Despite overwhelmingly positive reviews, Apple's HomePod doesn't seem to be resonating with consumers. Following up on a pair of reports claiming that HomePod sales have been lackluster, KGI Securities analyst Ming-Chi Kuo on Friday issued a new research note (via MacRumors) echoing the notion that the HomePod, to be blunt, simply isn't selling well.

While some of the earlier and more optimistic projections suggested that HomePod sales for 2018 might be as high as 10 million units, Kuo anticipates that Apple, by the time 2018 draws to a close, may see HomePod sales fall somewhere in the 2 million range. While it's still far too early to call the HomePod a flop, Apple's smart speaker certainly hasn't gotten off to a strong start in the marketplace.

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Lackluster HomePod sales may force Apple to release a cheaper model originally appeared on BGR.com on Fri, 13 Apr 2018 at 22:02:31 EDT. Please see our terms for use of feeds.

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