Cheddar Afternoon Business Update 11/20: Apple delays release of Home Pod

Posted: Updated:
Apple is pushing back the release of its long-anticipated smart speaker, its answer to Amazon’s Echo and Google Home. Apple is pushing back the release of its long-anticipated smart speaker, its answer to Amazon’s Echo and Google Home.
NEW YORK -

If you were hoping for an Apple Home Pod this holiday season, you are going to have to wait until 2018.

Apple is pushing back the release of its long-anticipated smart speaker, its answer to Amazon’s Echo and Google Home. Apple says it needs ‘a little more time’ for production.

The move comes as Apple face issues manufacturing enough of its iPhones to meet demand.

Meanwhile, WeWork is making a big hire. Soul Cycle founder Julie Rice is the company's new chief brand officer.

Rice started SoulCycle back in 2006 and built it into a massive fitness chain.  WeWork was recently valued at $20 billion. The company just bought Lord & Taylor's flagship Manhattan store and is opening a private elementary school in New York.

Lastly, Princes William and Harry will appear in ‘Star Wars: The Last Jedi’ when it hits theaters next month.

The royal brothers are playing storm troopers, so their faces will be hidden behind white masks.

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