The new iPhone 16e will retail for $599 when it goes on sale later this month — $200 less than the much-touted iPhone 16 released last September. It will be available in white or black, and come with Apple’s A18 chip — the processor in the iPhone 16 — so it can run all the same apps as the company’s more expensive model.

We recently compiled a list of the 10 Buzzing AI Stocks Dominating Headlines. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the other AI stocks. Tiger Brokers,

Apple is about to replace the now three-year-old iPhone SE with something bigger, more powerful, and more capable in the age of AI.

The fourth generation of the lower-cost model, so far known as iPhone SE, will take on popular Android smartphones at a time when consumer electronics makers are looking to add artificial intelligence tools into their devices.

Apple announced Wednesday it's replacing their entry-level iPhone SE with a new pricier model. Experts say the price uptick will put iPhones, which are already more expensive than other brands, simply out of reach of budget conscious shoppers.

As Apple returns to the mid-range market with the iPhone SE, what impact will the smallest and cheapest iPhone have on the rapidly changing smartphone world?

Apple has released a sleeker and more expensive version of its lowest priced iPhone in an attempt to widen the audience for a bundle of artificial intelligence technology that the company has been hoping will revive demand for its most profitable product lineup.

Both the iPhone SE 4 and iPhone 16 should share a 6.1-inch OLED screen with a 60Hz refresh rate, since Apple still keeps 120Hz displays exclusive to its Pro iPhones. The display on the SE 4 should keep the iPhone 14's Face ID notch, rather than use a Dynamic Island like the iPhone 16.

Apple new iPhone 16E with Apple Intelligence and Apple's first in-house 5G modem is now available to preorder.

The iPhone 16e replaces the iPhone SE, last released in 2022, which was Apple's budget-friendly iPhone option. At $599, the starting price for the iPhone 16e is less than the $800 it costs for a standard iPhone 16, but more than the SE, which sold for $430.

Forget about the new Apple products launching this week. The upcoming iPhone SE 4 launch won't happen until next week, at the earliest.