Apple Introduces iPhone 16e with AI Features, Priced at $600

Apple has unveiled the iPhone 16e, a more advanced and pricier version of its budget-friendly phone line, aiming to boost demand for its products while integrating enhanced artificial intelligence features. The new model, set to launch on February 28 with pre-orders starting on February 21, will retail at $600, a 40% increase from the previous iPhone SE. It will include the latest A18 chip, improved battery life, a 48MP camera, and AI capabilities such as text and audio summarization. Apple is transitioning away from the iconic home button to FaceID and has designed its own 5G modem to enhance performance and battery efficiency. Analysts highlight the challenge Apple faces in balancing the appeal of a lower-priced model without cannibalizing sales of its premium offerings. This launch comes amid a decline in global iPhone sales, prompting Apple to innovate in order to attract a wider audience.