Yes, but vinyl is making a strong comeback, and with that comes the need for traditional receivers. Even CDs are making a comeback -- as many indie artists publish CDs (and some do vinyl), which implies demand for standalone CD players with a receiver (like those made by the Denon, Onkyo, etc.)
I have a HomePod in my living room and it gets used, but I also have a traditional receiver hooked up to my external speakers, with a turntable and CD player plugged into the receiver.