Apple has announced the delay of its highly anticipated “Smart Home” product launch due to financial reasons. The tech giant stated in a recent press release that the delay is aimed at reducing costs associated with the product, as well as postponing several other projects.
Among the postponed projects are the HomePod and Apple TV 4K, which will now be launched next year without a fixed date. These products rely heavily on artificial intelligence (AI), a technology that is rapidly advancing and improving every day. While Apple had initially been optimistic about the launch of numerous services, the recent press release suggests that the company may be facing financial difficulties.
Smart Home is a cutting-edge technology that allows homeowners to control various parts of their house via an intelligent system. This system is designed to be all-encompassing, providing an efficient way to command any part of the house that we want.
Apple’s decision to delay the launch of Smart Home may open up an opportunity for competitors to develop similar technologies and reap the benefits. As of now, Apple has yet to announce a launch date for the Smart Home product.