In a note obtained by 9to5Mac, the analyst claims that the company has been working on “AirPods Lite.” It’s unclear what this product is and what features it will have at this point, but Pu describes it as a “lower priced product” to compete with non-Apple earbuds.

With the release of AirPods 3 in 2021, Apple has kept the previous generation AirPods 2 on the market for $129, while AirPods 3 costs $169. These “AirPods Lite” are expected to cost less than $129 USD. Apple could also simply reduce the price of the second-generation AirPods even further, possibly to $99.

In a note obtained by 9to5Mac, the analyst claims that the company has been working on “AirPods Lite.” It’s unclear what this product is and what features it will have at this point, but Pu describes it as a “lower priced product” to compete with non-Apple earbuds.

With the release of AirPods 3 in 2021, Apple has kept the previous generation AirPods 2 on the market for $129, while AirPods 3 costs $169. These “AirPods Lite” are expected to cost less than $129 USD. Apple could also simply reduce the price of the second-generation AirPods even further, possibly to $99.