Sonos quarterly revenues are down by 6.6% year-on-year

Sonos published its latest quarterly financial results overnight, for its fiscal Q3 (the second quarter of 2018, calendar-wise). They’re a mixed bag. The company’s revenues actually fell by 6.6% year-on-year, to $208.4m. However, the number of products that Sonos sold rose by 11.4% in the same period (to 886.5k units). The company said that these numbers are […]

Consumer Reports publishes initial HomePod comparison tests

The initial wave of reviews in the press about Apple’s HomePod smart speaker have been very positive about its hardware – specifically its audio quality. Now Consumer Reports has published some ‘early results’ of its comparative tests pitting the device against rivals. “Apple’s speaker does deliver very good audio performance, though it’s not the best-sounding […]

Edison Investment Research doubtful about Sonos prospects

Analyst firm Edison Investment Research has put out a note on Sonos’ prospects in the smart-speaker market, with its devices now supporting Alexa as well as Spotify Connect. It’s not optimistic. “By enabling both Spotify Connect and Amazon Echo, Sonos has removed the requirement for users to use its software which is a sign that […]

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