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HomePod coming soon to China

Published 12/05/2018, 02:47 PM
Updated 12/05/2018, 02:47 PM
© Reuters.  HomePod coming soon to China
  • Apple's (NASDAQ:AAPL) HomePod speaker will go on sale in China early next year, according to a banner on the company's website.
  • US-based competitors Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) don't currently sell their smart speakers in China, and Apple's timing could beat the others to the market.
  • Siri stands out from Alexa and Google's Assistant in supporting Cantonese and Mandarin. But the tech giant will also have to compete with homegrown device players Xiaomi and Alibaba (NYSE:BABA).
  • Entering the Chinese market first could help HomePod recover some of its market share losses. Loop Capital estimates that Apple will sell 20M HomePods a year by 2025 compared to Google's nearly 200M units and Amazon shipping 138M.
  • Now read: Apple: Already Undervalued?


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