It sounds like Apple's Siri speaker will be worth the wait

The smart speaker will rival similar devices such as the Google Home and Amazon Echo and will allow users to interact with Siri to control their smart home.

Apple's WWDC keynote is coming up quickly; the event is happening this Monday starting at 10AM PT/1PM ET.

By announcing the device now, Apple will give developers time to begin integrating with the speaker before its release.

Apple has invited developers to its annual WWDC conference next week, where it is expected to also introduce new versions of iOS and OS X. However, industry sources have told Variety that the company likely won't show off a new version of its Apple TV device until later this year. Tuesday's report said the device will debut as soon as WWDC next week, but the gadget will not be ready to ship until later this year.

According to a report from CNET, Apple's smart speaker might boast an integrated camera.

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Shares of Apple closed lower on Wednesday. Soon, a device embossed with "Designed by Apple in California" may be on your nightstand or kitchen counter as well. The speaker will sport "virtual" surround-sound technology and will work with Apple services such as Apple Music, according to Bloomberg.

Apple didn't respond to request for comment. Apple could announce updated iPad tablets at the conference, one of the people said. That includes virtual surround sound, in addition to speakers that are both louder and that "reproduce sound more crisply" than what's already on the market.

Read the whole report over at Bloomberg. That suggests Apple Music will also play a key role alongside the product's Siri and HomeKit features.

Apple will reportedly focus on the speaker's sound quality as a way to help it stand out from competition like Amazon's Echo and Google's Home. The iPhone seller also reportedly has considered including sensors that measure the environment's acoustics and automatically adjust audio levels.

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