How Apple's strategy is hobbling the HomePod

Apple's main claim to fame is a proven track record for successful products. But with its latest, the HomePod smart speaker, some analysts say its old formula for success -- going for the high end of the market and tightly controlling its ecosystem -- has let it down. Recent analyst reports suggest that the HomePod isn't selling well. Bloomberg reported last week that Apple even cut its internal sales estimates. While Apple hasn't released numbers on HomePod sales, it's expected to give some sense of the HomePod's sales in its next earnings report on May 1. HomePod sales are important to the Cupertino, Calif.