CNN —
Apple on Wednesday announced a cheaper new version of the iPhone 16 called the iPhone 16e, signaling a renewed push into the budget smartphone market for the tech giant. It’s also the first iPhone with a cellular modem designed by Apple, and the cheapest iPhone Apple currently sells that supports Apple Intelligence.
The iPhone 16e costs $599 and launches on February 28.
Adding Apple Intelligence on a cheaper iPhone could be crucial for putting the company’s AI tools in the hands of more consumers. Apple has faced increased competition from Google and
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