Apple is more likely to introduce an even higher end HomePod than a cheaper one

Citing unnamed industry sources, the Economic Daily News (via Mac Otakara) reports a cheaper version of HomePod is due to arrive in the second half of the year.

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The lower priced smart speaker could sell for between $150 to $200, the report said. However, it doesn’t say whether Apple intends to release a new HomePod (a HomePod mini?) or cut the pricing of the 349 speaker.

Chances this rumor is true, per the Sellers Research Group (that’s me): 60%. I do  think that Apple will reduce the price of the HomePod a bit — but NOT by $150 or $200. I’m also less inclined to think that Apple will reduce a smaller speaker than that the tech giant will introduce an even higher end model.