According to reports, tech giant Apple is developing an “Airpods Lite” version to compete with less expensive wireless earbuds.

There are presently four types of Apple AirPods

From the second-generation AirPods to the cutting-edge AirPods Max, while they’ve gained a lot of popularity, they aren’t exactly inexpensive.

By 2023, the demand for AirPods is anticipated to decline, according to Jeff Pu, an analyst with Haitong International Securities, according to 9to5Mac.

Additionally, he asserts that

According to his industry sources, shipments of AirPods are anticipated to fall from 73 million units in 2022 to 63 million in 2023. According to the source, it might be due to the “soft AirPods 3” demand and the possibility that Apple won’t introduce new AirPods this year.

Pu defines the product as a lower-cost earphone that will compete with non-Apple products, according to the source, though it’s unclear exactly what it is or what characteristics it would have.

The second iteration of Apple’s AirPods Pro, which included the H1 processor of the newest generation, was released last year.

The revised model maintains the same look as the outgoing one while boasting audio quality improvements.

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