Loup Ventures put Apple’s HomePod through the smart speaker gauntlet which included 782 queries along with comprehensive tests of sound quality and ease of use. Loup Venture’s methodology used three HomePods being tested throughout the day by their team. They compared the results to Amazon’s Alexa, Google Home, and Microsoft’s Cortana.
Loup Ventures’ top conclusions:
- HomePod is hands down the best sounding smart speaker.
- As a smart speaker, it answered 52.3% of queries correctly compared to recent tests of Google Home at 81%, Alexa at 64%, and Cortana at 57%.
- The user experience of HomePod is measurably better than its competition (setup, communication style, listening ability).
- We have added HomePod to our Apple financial model. For CY18, we’re expecting HomePod unit sales of 7 million (12% global smart speaker market share) with a $349 ASP, which adds approximately 1% to revenue and earnings. In CY19, we expect unit sales of 10.9 million, which adds just over 1% to our model. While only factional revenue contribution, we expect HomePod units to grow between 40% and 45% per year over the next 3 years.