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It’s not clear when Apple will make a cheaper HomePod

The blogs have activated, and they say a cheaper HomePod might be in the works. That sounds like a reasonable expectation. Apple would hopefully reduce its smart speaker’s price eventually, especially considering that it might be selling fewer than 10 HomePods a day in some retail locations. But still, Ming-Chi Kuo from KGI doesn’t think we should get excited about a cheaper option anytime soon.

His most recent report says Apple could sell between 2–2.5 million HomePods this year, with a million of those coming from the first month’s demand. He also pushes cheaper HomePod rumors aside by saying Apple is just “mulling” over a lower-cost speaker, which could mean he hasn’t heard of the company fully committing to a specific model just yet. Although we’ve heard multiple reports, mostly from China, about a cheaper alternative, I wouldn’t get your hopes up. I’m sure factories are prototyping, but who knows when we’ll actually see a product. KGI’s usually accurate with its Apple predictions, so if it says not to start thinking about a cheap HomePod, I’ll go with it.

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