Apple is believed to be working on a small display that’s similar to the Amazon Echo Show or Google Nest Hub. People who know about this have stated that the device may be similar to an iPad, but not as expensive. It will come with a magnet to enable mounting, and will be targeted towards home use. The scope of functionality would also be limited when compared to an iPad. It would mainly support FaceTime and also help you control other smart devices.
It is also believed that Apple is working on updating the Apple TV. The device may come with a faster processor, however, it may not support 8K video. The HomePod and Apple TV project has gone through a few setbacks but the teams behind them are still powering on, according to the source at Apple. It is believed that these smart displays are a long way off and they may not hit the market until 2024 or even 2025.
As of now, there are no launch timelines from the company or any leakers. However, it is believed that we may see the smart display in the second half of 2024 or even early 2025.