As part of many cost-cutting initiatives and belt-tightening efforts to make its operations more effective, Apple’s endeavor to create its first HomePod with a screen has been delayed until at least next year.
Bloomberg argued that delaying the device will enable Apple to divert its research and development funding to more urgent initiatives, including mixed reality headsets.
The action is a component of a cost-containment plan that should allow the business to project a sense of stability in an uncertain market and prevent the drastic reductions in staff and layoffs that have befallen other tech firms such as Meta, Amazon, Microsoft, and Google.
Additional steps to prevent layoffs include postponing bonuses for corporate teams, halting hiring on specific teams, controlling spending, and leaving posts vacant rather than filling them when employees leave their positions.
The updated release date for the speculated HomePod product lines up with recent predictions made by Apple analyst Ming-Chi Kuo that a modified HomePod with a 7-inch display will debut in the first half of 2024.
Gurman was the first to propose in 2021 that Apple begin developing new HomePods with displays and cameras. Long-term, Apple is revising its approach to the smart home. It is developing a HomePod with a screen attached to a robotic arm and a device that combines an Apple TV with a HomePod.