Apple's HomePod only accounts for 6% of installed smart speakers in the United States, according to one study.
Apple has dropped the price of its smart speaker, HomePod, to $299 in on its online store in the United States. Previously, it was listed at $349.
The adjusted HomePod price is one sign that Apple's voice-enabled smart speaker competes in a crowded market with similar and less expensive devices from Amazon, Google, and other competitors. Amazon's Echo speaker, for example, costs $99. Google sells a premium smart speaker for $399, the Google Home Max. It also sells smaller versions for $129 and $39.
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