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Screenshot by Axios

Apple unveiled a connected home speaker at its annual developer conference in San Jose, which is due out later this year. The speaker, dubbed HomePod, comes after months of questions (and recent rumors) as to whether the tech giant will release a device to rival Amazon's Echo and Google Home.

"We want to reinvent home music," said Apple CEO Tim Cook. Senior VP of marketing Phil Schiller disses competition, saying that others have good speakers, but no assistant, and those with a good assistant aren't great speakers. "None of them have quite nailed it yet," Schiller said.

History lesson: It's not Apple's first attempt at a home speaker. It had the ill-fated Apple Hi-Fi, a $349 iPod speaker that was a pet project of Steve Jobs.

Here are the specs:

  • It's powered by the Apple A8 processor, same used in some iPhones. "It's perhaps the biggest brain ever in a speaker," Schiller said.
  • Apple's Siri is integrated into HomePod.
  • HomePod can do things like read the news, play music, set up alarms and reminders, check the weather.
  • HomePod can connect to Apple's HomeKit and control smart home devices.
  • Will cost $349 and come in white and "space gray"
  • Will begin shipping in December in the U.S. and the U.K.

The story has been updated with the correct price for the iPod Hi-Fi.

Go deeper

Trump PACs raise over $82M for first half of 2021

Former President Trump during the Conservative Political Action Conference in Dallas, Texas, on July 11. Photo: Brandon Bell/Getty Images

Former President Trump's political action committees (PACs) raised more than $82 million in the first half of 2021, per Federal Election Commission filings published on Saturday.

Why it matters: It's a significant amount for a former president who's been banned from major social media platforms. It demonstrates his ability to raise huge sums of money should he choose to run for the presidency for a third time.

Updated 1 hour ago - Sports

Olympics dashboard

Team USA's Caeleb Dressel celebrates winning gold in the final of the men's 50m freestyle swimming event at the Tokyo 2020 Olympic Gameson Sunday. Photo: Odd Andersen/AFP via Getty Images

🚨: Simone Biles won't compete in Olympic floor finals, individual vault or uneven bars

🏊: U.S. wins gold in men's 4x100-meter medley relay, earning Caeleb Dressel fifth gold — American Bobby Finke wins gold in men's 1,500-meter freestyle

🏊‍♀️: Katie Ledecky wins gold in women's 800m freestyle

🇬🇧: Britain wins gold in new BMX freestyle category and gold in first-ever Olympic mixed 4x100m medley relay

💻: Japan tests teleporting games and "remote cheering"

🏳️‍⚧️: Axios at the Olympics: Games grapple with trans athletesTrans athletes see the Tokyo Games as a watershed moment

Go deeper: Full Axios coverage

Updated 1 hour ago - Sports

U.S. wins gold in men's 4x100-meter medley relay

USA's Ryan Murphy (L) and USA's Caeleb Dressel celebrate winning the final of the men's 4x100m medley relay swimming event during the Tokyo 2020 Olympic Games at the Tokyo Aquatics Centre in Tokyo on Sunday. Photo: Odd Andersen/AFP via Getty Images

Team USA win the gold medal in the men's 4x100-meter medley relay, setting a new world record in the process on Sunday morning local time.

Of note: Caeleb Dressel won his fifth Tokyo Games gold medal during the event— becoming the fifth American to do so after speedskater Eric Heiden and the swimmers Mark Spitz, Matt Biondi and Michael Phelps, who achieved the feat three times.