Apple’s widely rumored Siri-based smart speaker and home hub has an “over 50 percent chance” of being announced at WWDC 2017, scheduled for June 5-9, according to often-reliable Apple analyst Ming-Chi Kuo of KGI Securities.

The device is rumored to have a “Mac Pro-like” concave design (Image: iFunnyVlogger)

An excerpt from Kuo’s research note obtained by MacRumors:

We believe there is an over 50% chance that Apple will announce its first home AI product at WWDC in June and start selling in 2H17 in order to compete with the new Amazon Echo models to be launched in 2H17.

Kuo believes Apple’s Amazon Echo and Google Home competitor will have “excellent acoustics performance” with one woofer and seven tweeters, and computing power similar to iPhone 6 or iPhone 6s. He believes the smart home product will likely be positioned for the high-end market, costing more than the Amazon Echo.

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Source: MAC ROUMORS