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The Markets
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The Markets
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Hardware & electrical equipment

Apple launches more affordable AI-powered iPhone 16e

Apple Inc (NASDAQ:AAPL, ETR:APC) has unveiled the iPhone 16e, a new and more affordable addition to its iPhone 16 lineup.

The phone includes the A18 chip, Apple's AI offering Apple Intelligence and a 48MP 2-in-1 camera system.

It has a 6.1-inch Super Retina XDR display with OLED technology and is available in black and matte white finishes.

With a starting price of $599, the iPhone 16e is the cheapest iPhone in the lineup, replacing the iPhone SE.

“iPhone 16e packs in the features our users love about the iPhone 16 lineup, including breakthrough battery life, fast performance powered by the latest-generation A18 chip, an innovative 2-in-1 camera system, and Apple Intelligence,” said Kaiann Drance, vice president of Worldwide iPhone Product Marketing at Apple.

“We’re so excited for iPhone 16e to complete the lineup as a powerful, more affordable option to bring the iPhone experience to even more people.”

Preorders begin on February 21, with availability starting on February 28.

Shares of Apple were flat on the news, trading hands at about $245 on Wednesday afternoon.

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