https://wccftech.com/report-suggests-apple-is-planning-a-beats-branded-homepod-with-199-price-tag/

Apple entered the smart speaker industry with its Siri-powered HomePod that carried a price tag of $349. While the hardware screams quality and the sound quality is extraordinary, the price of the smart speaker is debatable. Nonetheless, the HomePod is designed by Apple and priced accordingly. However, a new report has emerged that suggests the company might be planning to launch a Beats-branded HomePod at a price of $199. So let’s dive in to see some more details on the report (via Loveios).

Previously we covered that Apple sold 600,000 units of the HomePod which positioned it as at number four in the smart speaker industry with Amazon and Google leading the way. However, there are some changes needed to be made if Apple is to raise its sales. The cheaper smart speaker would make sense for Apple as more number of users will be able to afford it, whereby, increasing sales and market share.