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(Apple did not immediately respond to a request for comment on HomePod sales. The company's second quarter earnings will be announced on May 1.) The reasons for HomePod's retail travails are pretty simple. First and foremost, it's too expensive at $349 (£319, AU$499). There's no denying it's one of the best-sounding compact Wi-Fi speakers -- and maybe the best -- but it doesn't sound much better than competing products that cost less and are more fully baked in terms of their feature sets and functionality. On the functionality front, HomePod has room to improve and it certainly will via free software updates. (iOS 11.4, for instance, looks to be adding multi-room audio and stereo pairing .) And like the Apple Watch , which had its own choppy start, the speaker will benefit from being on store shelves during the holiday buying season, which it missed last year. Still, I think HomePod's price will have to be lower for it to gain any serious traction. And I don't think it's as simple as bringing out a theoretical "HomePod Mini" that costs less. To that end, while rumors of a smaller, cheaper Apple speaker persist -- that same Kuo report notes that Apple is "mulling" the option -- they're more wishful thinking than anything else right now. Now Playing: Watch this: Apple's HomePod brings the bass, Siri voice control Indeed, when I met with Apple reps just prior to the speaker's launch, I asked, "Why'd you decide to make the HomePod the size it is?" The answer I got was that if they went smaller -- and thus cheaper -- they'd have to compromise on sound quality. They didn't want to do that and they probably still don't.
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