Apple Launches iPhone 16e with AI Features for $599

Apple has launched the iPhone 16e, a budget-friendly smartphone priced at $599, aimed at capturing a larger share of the mid-range market while competing with Android rivals. The device features the A18 chip and introduces Apple Intelligence, which integrates AI functionalities such as access to ChatGPT, making it more appealing to cost-sensitive consumers. Analysts note that while the iPhone 16e is positioned to enhance Apple's presence in markets dominated by Android, there is skepticism regarding the potential sales boost from AI features, which will be rolled out gradually. The new phone also marks a departure from the SE naming convention, which has seen declining sales. With a 48MP camera system and advanced features like enhanced Siri capabilities, the iPhone 16e aims to deliver a powerful user experience at a lower price point. The launch is seen as a strategic move to revitalize iPhone sales following declines in recent years.