Apple Launches Cheaper iPhone 16e With AI Capabilities | Global News Avenue

apple(AAPL) On Wednesday, the iPhone 16e unveiled a lower-cost version of the iPhone 16, equipped with Apple Smart Tools.

“The latest member of the family” make fun of go through CEO Tim Cook X will start at $599 last week and will be available on February 28. This is cheaper than the iPhone 16’s $799 price, and the more expensive Pro, Plus and Pro Max Models.

iPhone 16e will include Apple Intelligence features, which Cook says helps drive records iPhone upgrade In the first quarter of the company. It is also powered by the A18 chip in the iPhone 16.

Last week, Morgan Stanley analysts said Apple could ship 15 million lower-cost iPhones during the company’s fiscal 2025 financial year. However, the forecast believes that the new phone may update the iPhone SE cable, with a price of just under $499.

16e announcement was also published in the report Alibaba (dad) yes Work with Apple Bring Apple intelligence to iPhones in China. Apple has reportedly submitted AI features developed with Alibaba for approval to Chinese regulators, a process that could take several months.

Apple’s stock has barely changed during Wednesday’s date trading. Over the past 12 months, they have increased by a third of their value.