Sonos confirms plans to enter a brand new product class, prone to be headphones or earbuds
Sonos confirms plans to enter a new product class subsequent yr.
Sonos CEO Patrick Spence shared that 2024 will start with the corporate’s entry “into a brand new multi-billion greenback class” that may complement its present gadgets, “delight clients and drive instant income”.
Spence added through the firm’s earnings name that the brand new product is predicted to account “for a bigger portion” of income within the second half of 2024.
Though Sonos didn’t reveal what product they’re going to launch, an inner memo leaked to Bloomberg reveals the brand new product is prone to be headphonesas there’s a staff engaged on headphones inside Sonos.
Clearly, the private audio trade is large. In case you commute to high school or work within the morning, simply depend the variety of individuals with headphones or earbuds.
Moreover, Sonos lately acquired Mayhta Dutch firm that specialises in creating small audio system that does not compromise on high quality.
Lastly, Sonos at the moment sells wi-fi audio system, soundbars, and residential theatre gadgets. By providing its personal headphones, Sonos will strengthen its ecosystem of audio gadgets.
Supply: Sonos through The Verge