Granted I've been wrong a couple times in my life (my wife never let's me forget), but this sounds like a weird combination.
1. An Apple TV with a single speaker? Do people not want stereo sound anymore when watching TV?
2. The large HomePods weren't popular because they were considered too expensive. How does throwing in an Apple TV, a screen, and a remote make it any less expensive?
3. Does this combination provide anything unique? We can already do FaceTime calls with our phones, laptops and tablets quite easily. We already have media streamers in all our TVs built in. Many of us already have smart speakers in our homes.
In short, I hope I am wrong again, but I struggle to see the value of this "product".
I disagree. While that doesn't really matter (since nothing I say here will affect any product Apple releases) here's my perspective as someone who's thought way too long about Apple's place in home A/V.
1. What do you mean by "single speaker"? The HomePod mini has a single speaker but the OG HomePod has 8 built-in speakers and produces (albeit not true stereo) spatial audio effects on its own. A pair of OG HomePods can recreate not just stereo but a Dolby Atmos soundstage, although limited on height and rear audio. A HomePod sound bar, like any mid- high-end sound bar, would have no problem creating stereo separation and is likely to handle Atmos and surround sound even better than a pair of OG HomePods.
2. The OG HomePod was a vastly misunderstood product but I concede it was perceived as too expensive. However, that's largely because it was instantly categorized as a smart speaker and compared to Amazon's Echo and Google's Home. Soundbars are a big market with the cheapest (name brand) options costing around $150 and even $500-700 models selling out. I predict if Apple releases this product it won't be cheaper than an OG HomePod but it will be less than two combined ($700 original MSRP). That would make Apple the value leader in that mid-tier space.
3. Personally, I think if Apple releases this product tomorrow it will still be a year too late. While I've kinda wanted a product like this for at least as long as I've had a HomePod, isolating at home with a working spouse (lots of video meetings) and school age child (again, lots of meetings with school, family, and friends) I'm so tired of the kludgy work arounds to get quality video chatting to work on our biggest and best screen in the house. Yes, we all have devices that can video chat but especially if we try to do it together it just gets awkward.
The only advantages of this product over built-in streaming apps are better privacy, future proofing (AppleTV 3rd gen still works for many services and it came out in 2012!), a better UIX, and mid-tier gaming (prob comparable to PS4). Apple is invest a LOT of money into AppleTV (the service) and Apple Arcade. Yes, you can access those services through apps and AirPlay built-in to other devices, but Apple Hardware and Apple UI keeps Apple front of mind and gives users an "Apple" experience which is very important and I think Apple believes that too.
Combining hardware also gives Apple the chance to release a "value" priced product without cutting costs. The original iPhone was expensive compared to the majority of cell phones sold in 2007 but it was much cheaper than buying a cell phone, iPod, and a PDA (email was a killer feature back then!). Watch Steve Job's announce the OG iPad and he very carefully lays out the value proposition, ending the intro with a dramatic reveal of the $499 price to audible gasps and applause. Apple's stratospherically priced products (Pro Display XDR stand, Mac Pro Wheels, etc.) get a lot of mind space in the media but historically many of Apple's successful products were initially pitched as a killer value for the money. The AppleTV (hardware) and OG HomePod are now seen as overpriced, but a device that elegantly combines both with the power of a video game console and video chatting for the whole family (that you can trust!) for less than the three devices combined, could be pitched as a real "value" buy.
This product, if it gets released, won't be for everybody. The question is will it be for enough people? The OG HomePod, despite being a flop by Apple's standards still sold nearly 7 million units in 2019 (
estimated, the last year it was Apple's only smart speaker, harder to estimated the mini/OG breakdown in 2020). For most home audio companies that cater to mid-fi or hi-fi markets those are solid sales numbers. However,
Apple sold 60 million AirPods that same year.
I think millions of people would find a product like this compelling. How high are Apple's expectations?