Apple's Smart Speaker Business Is Finally Taking Off

Given how Apple (NASDAQ: AAPL) quickly become a major player in the headphone business after it launched its first AirPods in late 2016, investors likely hoped the tech giant would be able to pull off a similar quick success when it entered the fast-growing smart speaker market in 2018. But the tech company's smart speaker products haven't been as well-received.

Fortunately, however, Apple finally seems to be gaining some meaningful traction in the market -- enough for investors to start thinking about how the product line could potentially morph into a meaningful growth driver for the company.

Image source: Apple.

Source Fool.com