Apple Said to Take on Amazon, Google With Siri Speaker

The transcript discusses Apple's plan to introduce a new speaker to compete with Google and Amazon. The announcement is expected at Apple's developer conference in San Jose. Apple is playing catch-up in the smart speaker market, despite having introduced Siri before Amazon's Echo. The discussion highlights Amazon's business model, which focuses on using hardware as a gateway to sell services, while Apple traditionally profits from hardware sales. Recently, Apple has been emphasizing its services business, potentially adjusting its hardware pricing strategy to compete more effectively.

What is the main reason Apple is developing a new speaker to compete with Google and Amazon?

How long has Apple been working on their new speaker offering?

What strategy does Apple seem to be adopting in response to Amazon and Google's market presence?

What is the significance of the upcoming developer conference in San Jose for Apple's new speaker?

How does Apple's approach to making money differ from Amazon's in relation to their speaker products?