Tech Battle: Apple vs. Google

Apple Unveils The HomePod And Google's Alphabet Tops $1,000 a Share

Author:: TheStreet Staff
Publish date:: Jun 6, 2017 9:26 AM EDT

Apple (AAPL) - Get Report finally has a horse in one of the hottest consumer tech categories around.

The tech giant on Monday unveiled the HomePod, a Siri-powered smart speaker that Apple CEO Tim Cook said is aimed at "reinventing home audio" at the company's annual Worldwide Developers Conference in San Jose, Calif. The $349 device -- shipping in December for the U.S., U.K. and Australia -- stands at seven inches tall, is wrapped in mesh fabric and comes packed with the same dual-core A8 chip used in the iPhone 6, giving it the "biggest brain ever in a speaker," according to Apple's marketing chief Phil Schiller.

By comparison, the HomePod costs $120 more than Amazon's (AMZN) - Get Report latest touchscreen-sporting Echo Show, $220 more than Alphabet's (GOOGL) - Get Report ) Google Home and $300 more than the no-frills Echo Dot.

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This article was written by a staff member of TheStreet.