Today Apple lowered the price of the HomePod from $349 to $299. It’s been clear from the start that the HomePod was way overvalued by Apple, considering its boost in sales whenever a 3rd party retailer lowers the price to $249 around the holidays.
The HomePod isn’t the best smart speaker on the market despite being the most expensive. Google Home and the Amazon Echo severely outpace the HomePod’s capabilities as a smart assistant and at a fraction of the price. That being said, the HomePod is a perfectly good smart speaker for those already ingrained within the Apple ecosystem. If you want voice control over HomeKit, Apple Music, and Podcasts and want it all with phenomenal sound, then the HomePod is perfect.
I believe the HomePod is worth exactly $249 - all capabilities considered. That being said, if I think it’s worth $249, then it’s no question that Apple would value it at a $50 premium.