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Apple released the new affordable iPhone 16e with a starting price of $599.

Market IntelWednesday, Feb 19, 2025 7:30 pm ET
1min read

Apple has unveiled the new affordable iPhone 16e, targeting the lower market with a starting price of $599. This phone is considered the fourth-generation iPhone SE, equipped with key technologies and features such as:The iPhone 16e is the first to feature Apple's self-developed 5G baseband chip C1, which is claimed to be "the most energy-efficient modem for iPhone." This marks an important step for Apple in chip self-development and lays the groundwork for future iPhone models to adopt self-developed baseband chips.Like other iPhone 16 models, the iPhone 16e also features Apple Intelligence artificial intelligence system, supporting advanced AI functions such as writing and image functions assisted by ChatGPT.Equipped with the latest second-generation 3nm chip A18, the CPU processing speed is up to 30% faster, and the GPU is up to 40% faster, making its performance comparable to high-end iPhone 16 models.Equipped with a 48-megapixel fusion camera, supporting 2x optical zoom, but with only one rear camera.It has the strongest battery life among 6.1-inch iPhones.It adopts facial recognition technology, saying goodbye to the Home button.The iPhone 16e comes in black and white, with three storage capacities of 128GB, 256GB, and 512GB. It will start to be reserved on February 21 and will be on sale on February 28.Analysts at TFI recently estimated that the iPhone SE 4 this year will ship over 20 million units, becoming the most popular SE model in history. The shipments in the first half and the second half will be about 12 million and 10 million units respectively.

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DaddyLungLegs
02/20
$AAPL 235 if things get rough
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