Can Apple, Inc. Sell 4 Million HomePods Next Year?

Can Apple, Inc. Sell 4 Million HomePods Next Year?

Apple (NASDAQ: AAPL) launches its HomePod next month, the company's response to the growing market for smart speakers powered by virtual assistants. Investors haven't heard much about the device ever since it was unveiled over the summer at WWDC. Judging by Apple's continued unwillingness to share detailed financial results for Apple Watch, shareholders should similarly expect Apple to include HomePod sales in its broader "Other Products" category, with an occasional announcement of a significant statistic or milestone.

That's where third-party estimates come in. Fubon Securities analyst Arthur Liao expects Apple to sell 4 million HomePods in 2018, according to The Nikkei Asian Review.

Image source: Apple.

Continue reading

Source: Fool.com