Apple Cuts Production Of HomePods Due To Poor Sales
Apple has reportedly cut production of its HomePod smart speakers.
It lowered sales forecasts for the device in late March amid struggles to compete.
Amazon and Google's AI-powered speakers have consistently sold more.
The $350 speaker accounted for only 10% of all smart speaker US sales during its first 10 weeks.
Amazon Echo and Google Home are priced at $100 and $129, respectively.