Beats HomePod

According to Sina, Apple is planning a budget HomePod to be released under the Beats brand. This speaker would cost $199, compared to the $329 current HomePod. This is a pretty sketchy report. I honestly doubt this, but it could be true. The idea of saying the Beats brand is the budget brand doesn't feel right. That's not to say Apple's is the budget brand either, but Apple has done a good job thus far having the two brands co-exist without fighting each other. I fully believe we are getting a budget HomePod, but probably not under the Beats brand.