Rumor says Apple will launch a new, affordable smart speaker under Beats brand

Just a month after there were reports that Apple's HomePod sales have fallen short of targets, a new rumor is making rounds suggesting the Cupertino-based company is planning to launch a budget friendly smart speaker. The rumor cites supply chain sources in Taiwan as its source. It says the speaker will cost somewhere around $199, which if you compare is significantly less than the $349 tag the HomePod carries. The iPhone-maker is in talks with MediaTek for the chip that will power the device, the rumor says, adding that the speaker will be launched under the Beats brand (rather...



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