Apple kicks off iPhone event with new HomePod Mini reveal

Apple unveils the new iPhone 12 and other products during a virtual event on Tuesday, Oct. 13. It's been called "the most significant iPhone event in years." Subscribe to CNBC PRO for access to investor and analyst insights on Apple and more: https://cnb.cx/3dIH56N

Apple CEO Tim Cook said in a video filmed at the Steve Jobs Theater on Apple’s campus that it is releasing a new smart speaker called the HomePod Mini. It’s the first product announcement today.

It’s significantly smaller than the current $299 HomePod and uses an Apple Watch chip to run Siri and audio processing. The speaker can recognize different voices from different members of a household and is integrated with Apple Home smart home automation.

Another new feature is called Intercom, which allows HomePods in different rooms to act like an intercom and send quick voice messages to other HomePods or iPhones.

Apple says it works with Apple Music, and several other services like Pandora, but did not mention Spotify, which has accused Apple of anticompetitive behavior.

“We want to bring this experience to even more people,” Cook said. It costs $99.

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