Apple Unveils Affordable iPhone 16e with Enhanced AI Capabilities

The iPhone 16e eliminates the home button in favor of FaceID, is powered by Apple's A18 chip, and boasts a new cellular modem named C1, positioning it as the most budget-friendly model to support Apple Intelligence. Apple experienced a 1% decline in iPhone sales overall during the December quarter, with sales exceeding $69 billion but showing varied performance in recent quarters. Scheduled for release on February 28, 2025, the iPhone 16e supersedes the iPhone SE, which represented only 5% of US iPhone sales by December 2024, according to Consumer Intelligence Research Partners.