That said, the native integration Apple would offer might be well worth it for many customers. Both of Amazon's smart camera brands — Blink and Ring — don't currently integrate with Apple HomeKit, and I think the launch of smart Apple cams could cause Blink and Ring sales to drop drastically, despite the potential price difference.

Seattle-area smart-home device maker Wyze Labs and Amazon-owned Ring, among others, could be set to face new competition in the home security camera market from Apple.

Hot on the heels of launching new iPhones and MacBooks, Apple is reportedly brewing something entirely new in the kitchen. In a post on Medium, Apple analyst Ming-Chi Kuo reported that the company is working on its first smart home camera. According to Kuo, the rumored Apple smart home camera will launch in 2026.