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

Apple's last speaker product, Apple Hi-Fi, which launched in 2006.Flickr/teezehApple has started manufacturing its long-rumored smart speaker, and it could start shipping the gadget later this year, according to a published report.

Apple Inc. shares were trading at $152.76 per share on Wednesday afternoon, down $0.91 (-0.59%). Apple's device will reportedly offer virtual surround sound and advanced acoustics technologies, and the speakers that Apple is now testing are said to be louder and crisper than competing products. Siri can already control HomeKit devices, though through an iPhone or iPad; with a dedicated speaker, anybody in a family could do so.

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Apple senior vice president Phil Schiller said earlier in May that voice-control devices often need a screen. Without compatible hardware, users may be more likely to opt for the Echo or Home, and therefore use streaming music offerings such as Spotify, Amazon Prime Music or Google Play rather than Apple Music.

Apple didn't respond to request for comment.

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With WWDC just around the corner, we're just a few days away from Apple unveiling iOS 11 along with new versions of macOS, tvOS, and watchOS.

Apple's Worldwide Developer Conference kicks off on Monday, June 5, with an opening keynote. During the conference, Apple provides developers with new software development kits (SDKs) used to build new apps and services for upcoming software releases. Unfortunately for those that want to get their hands on such a speaker, it won't ship until later on this year. The unannounced produced will supposedly include "virtual surround sound technology" and "more advanced acoustics" than its chief competitors made by Amazon and Google.

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Apple has "considered including sensors that measure a room's acoustics and automatically adjust audio levels during use", the report claims. Users will be able to book an Uber or send WhatsApp messages, the report suggests.

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