March 17, 2021
Apple’s decision to fine-tune its global product lineup could go a long way in helping it achieve its long-standing desire to crack India.
On March 13, the American tech firm said it would discontinue selling the HomePod once its current stock is exhausted. The company will, however, continue selling its more affordable HomePod Mini that competes with other popular smart speakers such as Amazon Echo and Google Home.
Launched in India in 2018, the HomePod costs around Rs19,900 ($274) in the country as compared to its mini version that can be bought for Rs9,900 ($137).
The average selling price of smart speakers in India during January-September 2020 was Rs 5,560, according to Dubai-based market analysis firm techARC. During this period, 96% of smart speakers sold in the country were Amazon’s Echo Dot, which costs under Rs5,000.
The home smart speaker market could be the next major hardware boom in the tech sector. The Amazon.com, Inc. (NASDAQ: AMZN) Echo got the first-mover advantage in the space, but the latest data suggests the top competitor is gaining ground.
What Happened?
A new survey by Loup Ventures found that the. Read More.
Apple Inc (NASDAQ: AAPL) said it is discontinuing the original HomePod speakers and will focus its efforts on the smaller HomePod mini, TechCrunch reported .
Apple Discontinues The Original HomePod Speaker upstract.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstract.com Daily Mail and Mail on Sunday newspapers.
Apple Inc (NASDAQ: AAPL) is suing a former employee for allegedly divulging its trade secrets to a media correspondent.
What Happened: The employee, Simon .