Experts said the reasons for low sales of Apple HomePod

No Echo here! Apple cuts Home Pod orders after sales prove to be lackluster

According to Bloomberg, Apple lowered its expectations and cut orders with manufacturers of the HomePod speaker.

As previously noted by Bloomberg's Mark Gurman, whose sentiments were echoed on Thursday by The China Times, Apple's HomePod speaker hasn't gained as much traction with consumers as the company may have anticipated, leading it to begin cutting orders back in March and reduce the HomePod's overall shipment forecast from 500,000 units down to 200,000 during the second quarter. We expect Apple to continually add to its functionality as time goes on, making the HomePod a more attractive purchase. The Siri based smart speaker was launched in January and Apple pinned great hopes on it to compete Amazon Echo and Google Home. During the pre-order period, the HomePod garnered a third of the USA smart speaker market by units sold, according to Slice Intelligence.

It's no wonder repairing the HomePod costs $279, which is 80% of the speaker's initial $349 price tag.

The data, first reported by Bloomberg, suggest enthusiasm among Apple loyalists and early adopters but a failure to attract a broader audience. Since arriving at retail, Apple has managed to snag 10 percent of the smart speaker market, which pales in comparison to Amazon's 73 percent marketshare. Yet Siri's inability to rival Amazon's Alexa and Google's Assistant in practicality, including answering questions or ordering food, has placed HomePod at a competitive disadvantage relative to less expensive smart speakers.

PMO clarifies over PM Modi's tour program for April 12
They feel that if the poor are empowered, it would no longer be possible to mislead them with lies. Meanwhile, reports have said that Modi will go about with his daily routine as the PM of India.

Apple promotes the device's superior sound quality, however, as the product can only be used with Apple Music, many potential buyers are put off the product. Two months after its commercial launch, the Homepod can still not be paired for stereo listening or multi-room audio.

Although sales have stagnated, Apple still has an opportunity with its speaker, if it can make improvements to its software. Alphabet, Google's parent company and owner of Google Home, is forecasted to sell 18 million and 32 million in 2018 and 2019, respectively.

Looking ahead, HomePod sales might eventually see a significant spike amid reports that Apple might release a $150 HomePod later this year. Do any of you now own a smart speaker?

Related News:

  • President Trump re-evaluating interview with Mueller after Cohen raid

    President Trump re-evaluating interview with Mueller after Cohen raid

    Cohen has long worked as Trump's attorney and " fixer ", helping go after his client's enemies and silence his critics. He complained about the "horrible things" that Hillary Clinton did "and all of the crimes that were committed".
    Pakistan Summons US Envoy Over Traffic Death

    Pakistan Summons US Envoy Over Traffic Death

    Pakistani police briefly detained the diplomat who was driving the embassy vehicle , but did not arrest him as he enjoys diplomatic immunity.
    Cameroon Athletes Have Gone Missing From The Gold Coast Commonwealth Games

    Cameroon Athletes Have Gone Missing From The Gold Coast Commonwealth Games

    Cameroon weightlifters Francois Etoundi and Simplice Ribouem both received refugee status, and were in the 2018 Australian team. This is the second time since 2012 that Cameroonian athletes have gone missing at an global competition.
  • High Wind and Fire Danger 4-11-18

    High Wind and Fire Danger 4-11-18

    For today , abundant blue skies and sunshine for NWFL with a comfy but warm afternoon as slightly breezy southerly winds pick up. The Guadalupe Mountains have the potential to see wind speeds between 45-65 with gusts up to 95 miles per hour .
    'You've got to win' - Blake fastest into 100m final after Bolt warning

    'You've got to win' - Blake fastest into 100m final after Bolt warning

    The other major track title today went to Uganda's Stella Chesang in the women's 10,000m. "The crowd was absolutely magnificent. Simbine took a surprise victory in 10.03sec, leading a South African one-two as Henricho Bruintjies took silver in 10.17.
    Cubs postpone home opener vs. Pirates due to snow

    Cubs postpone home opener vs. Pirates due to snow

    Albert Almora Jr . added an RBI double in the fifth for the Cubs , who took three of four games from their NL Central rivals. The National Weather Service predicted more snow or rain on Monday afternoon, but only a few tenths of an inch accumulation.
  • Young & old gather to honour Winnie Madikizela-Mandela

    Young & old gather to honour Winnie Madikizela-Mandela

    Speaking on behalf of women ambassadors, Senegalese Ambassador to South Africa, Safiatou Ndiaye, said Madikizela-Mandela was a leader for all women on the continent and the world.
    Everyone Is Dunking on Mark Zuckerberg About His Facebook Congressional Hearing

    Everyone Is Dunking on Mark Zuckerberg About His Facebook Congressional Hearing

    Zuckerberg confirmed that a paid option is on the table, but suggested that his priority is letting users access Facebook for free.
    Simbine, Ahye win 100m gold

    Simbine, Ahye win 100m gold

    My coach, Werner Prinsloo, deserves a special mention for all the hard work he has done to ensure that I keep on getting faster. They went down 18-16 to defending world champions New Zealand in their gold-silver match early on Monday.
  • Looking at the Big Picture for Netflix, Inc. (NFLX)

    Looking at the Big Picture for Netflix, Inc. (NFLX)

    Analysts polled by Bloomberg expect the company to report adjusted earnings of $US0.638 per share on revenue of $US3.61 billion. With their stock price now trading around $298.07, the firm has proven a solid track record of growth over the past few years.
    Pope Says He Made 'Grave Mistakes' In Handling Sex Abuse Allegations

    Pope Says He Made 'Grave Mistakes' In Handling Sex Abuse Allegations

    During his visit to Chile in January, Pope Francis asked forgiveness for the sexual abuses committed by some priests in Chile. He strongly defended Barros despite accusations by victims that the Chilean priest witnessed and ignored their abuse.
    Colorado Rockies, San Diego Padres brawl at Coors Field

    Colorado Rockies, San Diego Padres brawl at Coors Field

    Once order was finally restored, the umpires met for several minutes before ejecting Perdomo, Ellis, Arenado, Marquez and Parra. That's when Perdomo threw his second pitch of the inning: his glove, which sailed past Arenado as he leapt in the air.


Most liked

Pep Guardiola and Liverpool charged by UEFA
He said, "Oh the pass came from Milner?" But Mateu Lahoz is a special guy, he likes to be different, he likes to be special. However, Reds boss Klopp sees no reason for the player to go anywhere else at this stage of his career.

Kris Jenner Reportedly Fired & Blacklisted Tristan Thompson From 'KUWTK' & Family Endeavors
Blair has been working there for three months, club sources confirmed, and works Friday, Sunday, and sometimes Tuesdays. After having fun at the nightclub, the two were later spotted entering Tristan's hotel, the Four Seasons.

Mark Zuckerberg made $3 billion while answering questions from Congress
The Facebook founder was under a lot of scrutiny - check out all these photographers - so feeling some pressure is understandable. So to make them care it's only recently that Facebook has allowed you to download all of the data that they have on you.

Seahawks 86'd Kaepernick Workout Over Kneeling Stipulation
He was quickly joined by his San Francisco 49ers teammate Eric Reid before players on other teams followed suit. He opted out of his $126 million contract with the 49ers early in 2017.

Juventus want Morata back
He has managed just 11 goals in 26 topflight appearances for the Premier League champions, and the Blues manager isn't very pleased with his goal ratio.

Referee decision correct, don't know why they are protesting says Ronaldo
Some will say a ref should not make a massive call - especially a borderline call - at that moment of the game. Do you have something awesome to share with the world? "We advanced", said Zidane after the match.

Flu season is still active in Texas
Doctors say its Influenza B, which is usually not as severe as Influenza A, but can cause problems for babies and toddlers. The good news, doctors Vanderburgh County say those flu numbers are down.

Bank of America Corporation (NYSE:BAC)
The Federal Reserve is set to release the minutes of its March meeting, when the US central bank voted to raise interest rates. A number of other hedge funds have also bought and sold shares of BAC . 162 funds amassed holdings and 585 increased holdings.

BT pundit explains how Messi and Suarez are holding Barcelona back
On the other hand, we paid dearly for our mistakes. "Now we will have some tough days ahead of us, I have no doubt about that".

Putin to Netanyahu - Don't Mess With the Status Quo in Syria
It would be the second strike Mr Trump has ordered in retaliation for a chemical attack by Syrian leader Bashar al-Assad's regime. Some lawmakers criticized Trump's apparent telegraphing by tweet of a missile strike in Syria.

Anti-Soros Campaign Gives Viktor Orban's Party A Supermajority In Hungary
The new laws could make it hard for groups working with asylum-seekers to continue their activities in Hungary . Orban won re-election after campaigning on a platform that openly demonized migrants to Europe .

Teachers Get Baseball Bats to Confront Shooters in Pennsylvania District
Blue Mountain School District Superintendent David Helsel said the five-gallon buckets of river stones would be kept in classroom closets.

Watching 'Little Hank' Yodel In Walmart Will Make Your Day
Ramsey found viral fame after a video of him singing Williams' " Lovesick Blues " in his local Walmart started making the rounds. DeGeneres told Ramsey that he would be performing at the Grand Ole Opry for a massive concert, which is Ramsey's dream.

Global Watchdog to Travel to Syria to Probe Alleged Chemical Attack
Amid the tough talk from the White House , the USA military appeared to be in position to carry out any attack order. He asked Washington to "come to senses" and warned that it will have to bear responsibility if it attacks Syria.

House investigative report details governor's aggressive encounter
Greitens' office has hired a Washington, D.C., attorney who has represented other governors during impeachment proceedings. When she later confronted Greitens, she said, he told her that he erased the photo because he "felt bad" about taking it.