Apple Cuts HomePod Orders After Sales Prove to Be Lackluster

Apple's HomePod hasn't ended up selling as well as the company was hoping, leading it to cut orders with suppliers, reports Bloomberg.

In late March, nearly two months after the HomePod first became available for purchase, Apple reportedly lowered its sales forecasts and dropped some orders with Inventec, the company responsible for manufacturing the HomePod. HomePod inventory in retail locations is said to be "piling up" with some stores selling "fewer than 10 HomePods a day."

homepoddesign
Early analyst estimates based on strong pre-orders and initial sales figures suggested the HomePod would sell well and capture a solid portion of the smart speaker market, but Apple hasn't managed to maintain sales momentum.

During the HomePod's first 10 weeks of sales, it eked out 10 percent of the smart speaker market, compared with 73 percent for Amazon's Echo devices and 14 percent for the Google Home, according to Slice Intelligence. Three weeks after the launch, weekly HomePod sales slipped to about 4 percent of the smart speaker category on average, the market research firm says.

Apple charges $349 for the HomePod, making the device more expensive than competing smart speakers from Amazon and other companies. Apple put a lot of effort into promoting the HomePod's superior sound quality, but its high price tag, its lack of connectivity with non-Apple devices, and its inability to work natively with music services other than Apple Music have likely hurt its sales.

As Bloomberg points out, the HomePod's February launch was delayed from an initial promised December launch, causing Apple to miss out on key holiday sales.

HomePod also continues to lack promised features like stereo pairing to pair two HomePods together and AirPlay 2 support for controlling the music on multiple HomePods located in different rooms of the house. There are hints of this functionality in iOS 11.4, so these options could be coming soon, but HomePod owners and prospective buyers are likely disappointed with the months-long wait for basic features.

Apple isn't likely planning to give up on the HomePod despite its lackluster sales because it's part of an audio accessory lineup that includes the AirPods and the upcoming rumored high-end over-ear headphones.

Loup Ventures analyst Gene Munster in February said he expects sales to pick up later in the year. He predicts Apple will sell a total of 7 million HomePods in 2018, with that number set to grow to 10.9 million in 2019.

Related Roundup: HomePod
Buyer's Guide: HomePod (Caution)

Top Rated Comments

levitynyc Avatar
34 months ago
Everyone with a brain predicted this.

Cut the price.

Being $100 overpriced will cause lackluster sales.

So will incompatibility and Siri. Just take Siri out back and shoot it.
Score: 166 Votes (Like | Disagree)
762999 Avatar
34 months ago
It takes courage to release a product almost no one want while other products : mini, monitors, routers, mac pro are either cut or ignored.

:rolleyes:
Score: 88 Votes (Like | Disagree)
OTACORB Avatar
34 months ago
Not mention a high return rate. I think people including myself got one. It was initially really sweet, but then it sinks in. I just spent $400 on a speaker with the tax and while it sounds great, what does it really bring to the table. Siri isn't that great. I ended up going with Echo Dot's connected to my JBL Xtreme's. One in my living room and one in my bedroom. I am happy. I think many have done this and decided this speaker just isn't worth the cost of admission.
Score: 63 Votes (Like | Disagree)
Blakjack Avatar
34 months ago
Hey apple, Siri sucks and uhhh................yea, Siri sucks.
Score: 58 Votes (Like | Disagree)
BWhaler Avatar
34 months ago
Apple’s crappy software is really starting to catch-up with them.

Wonder when Tim will wake up..This is his greatest failing as CEO.
Score: 57 Votes (Like | Disagree)
avanpelt Avatar
34 months ago
That's what happens when it's priced too high AND it still doesn't have features ready months after launch. Oh, and the primary way to interact with the device sucks.
Score: 49 Votes (Like | Disagree)

Top Stories

0 Deals Hero

Black Friday 2020: Best Apple Deals to Plan For

Saturday November 21, 2020 10:00 am PST by
In the lead-up to Black Friday next week, we've been putting a spotlight on the best deals coming from various retailers like Best Buy and Walmart. In an effort to further prepare our readers for the best Black Friday deals, we're breaking down what we think should be on your radar for Black Friday in 2020. Note: MacRumors is an affiliate partner with some of these vendors. When you click a...
2020 apple shopping event

Apple Offering Up to $150 Gift Card With Select Products on Black Friday Through Cyber Monday

Monday November 23, 2020 2:53 am PST by
Apple has announced its annual four-day shopping event, offering customers up to a $150 Apple Store gift card with the purchase of select products between Black Friday and Cyber Monday in the United States. The gift card values in the United States are as follows: $150 for 16-inch MacBook Pro $150 for 21.5-inch iMac $50 for 13-inch MacBook Pro $50 for MacBook Air $50 for iPhone SE,...
m1 mac mini vignette

Apple Lists M1-Based Mac Mini Logic Boards With 10 Gigabit Ethernet in Internal Parts Ordering System

Friday November 20, 2020 9:32 am PST by
While the new Mac mini with the M1 chip is only available with Gigabit Ethernet, Apple has listed multiple M1-based Mac mini logic boards with 10 Gigabit Ethernet in an internal parts list for Apple Authorized Service Providers. For every Mac mini logic board with Gigabit Ethernet in the parts list, obtained by MacRumors, there is a corresponding logic board with 10 Gigabit Ethernet:...
ipad pro 2020 display

Black Friday Week Kicks Off With Up to $150 Savings on 2020 iPad Pro

Sunday November 22, 2020 2:37 pm PST by
As we head into Black Friday week, we're seeing some of the best deals of the season so far, with Amazon and Best Buy today discounting the latest iPad Pro models by up to $150 at the lowest prices we've ever tracked on these models. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep ...
macos big sur m1 macs restore issue

Apple Provides Instructions to Fix macOS Reinstallation Errors on M1 Macs

Sunday November 22, 2020 3:30 pm PST by
Shortly after the launch of Apple's new M1 Macs, we saw reports that attempts to restore and reinstall macOS on those machines right away could result in an installation error that would leave your Mac non-functional. Specifically, the error message would read: "An error occurred preparing the update. Failed to personalize the software update. Please try again." Over the weekend, Apple p...
iPhone 6s main

Rumor Claims iOS 15 to Drop Support for iPhone 6s and Original iPhone SE

Sunday November 22, 2020 9:25 am PST by
Apple will drop support for the iPhone SE, iPhone 6s, and iPhone 6s Plus in next year's release of iOS 15, according to a rumor shared today by Israeli site The Verifier. If the rumor is accurate, that would mean iOS 15 will be compatible with the following Apple devices: 2021 iPhone series iPhone 12 Pro Max iPhone 12 Pro iPhone 12 mini iPhone 12 iPhone 11 iPhone 11 Pro iPhone 11 Pro ...
new m1 chip

Craig Federighi: Native Windows on M1 Macs is 'Really up to Microsoft'

Friday November 20, 2020 11:57 am PST by
Following the release of the M1 Macs Apple executives have been doing interviews with a range of publications, and today, Ars Technica published another interview with software engineering chief Craig Federighi, hardware technologies lead Johny Srouji, and marketing VP Greg Joswiak. Much of the interview focuses on topics that the three have already covered in prior discussions, but there is ...
Walmart November Deals Hero

Black Friday Spotlight: Walmart Will Have AirPods Pro Down to Lowest Price of $169, and More Apple Deals

Thursday November 19, 2020 8:05 am PST by
We've been tracking early Black Friday deals in our dedicated Black Friday Roundup, and in an effort to prepare our readers for the big shopping event we're highlighting sales store-by-store in the lead-up to November 27. Note: MacRumors is an affiliate partner with Walmart. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running. Next ...
xlK6MS4MLqVFaskl

iFixit Shares iPhone 12 Pro Max Teardown Revealing L-Shaped Battery and Bigger Camera Module

Sunday November 22, 2020 2:53 am PST by
In the last of its iPhone 12 series teardowns, iFixit has published its iPhone 12 Pro Max disassembly, which reveals some unique differences in the design of the internals, including the full extent of the larger camera system responsible for the improved low-light performance on Apple's largest iPhone to date. On opening the iPhone 12 Pro Max, the first obvious difference compared to the...
apple leather sleeve

Leather Sleeve for iPhone 12 Models Now Available From Apple

Friday November 20, 2020 12:16 pm PST by
Apple today began selling the Leather Sleeve for the new iPhone 12 models, with the accessory having first been announced alongside the updated iPhones in October. Priced at $129, the Leather Sleeve is not a case and is designed to be removed when the iPhone is in use. It features a cutout at the front that displays the time, and it comes with a matching leather strap. According to Apple, it ...