Apple Analyst Hints At Imminent Launch Of Next Iteration Of This Key Product

Apple Analyst Hints At Imminent Launch Of Next Iteration Of This Key Product

Apple, Inc. AAPL is expected to have a strong launch year in 2022. The company is widely anticipated to follow up its April's "Peek Performance" launches with a slew of new hardware products in the second-half of the year.

Apple will likely release a new version of HomePod smart speaker anywhere between the fourth quarter of 2022 and the first quarter of 2023, prominent Apple analyst Ming-Chi Kuo said.

The analyst, however, does not expect much innovation in hardware design.

"Smart speakers are undoubtedly one of the essential elements of the home ecosystem, but I think Apple is still figuring out how to succeed in this market," the TFI Securities analyst said in a tweet.

Related Link: This Hidden iPhone, iPad Feature Can Really Improve Your Audio, Video Calling Experience

Earlier, Bloomberg columnist Mark Gurman reported that Apple is working on a new HomePod, sized between the now-discontinued HomePod and the HomePod Mini.

Gurman had also hinted at a HomePod, combining an Apple TV set-top box with a HomePod speaker, while also including a camera for video conferencing through a connected TV and other smart-home functions. The writer suggested that this product could be in early stages of development.

Apple closed Friday's session up 0.17% at $137.59, according to Benzinga Pro data.

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