Apple Announces Lower-Cost iPhone Launching This Month
1. Apple launches the iPhone 16e, a lower-cost model. 2. The iPhone 16e starts at $599, undercutting the base iPhone 16. 3. iPhone 16e features the A18 chip and a 48 MP camera. 4. Last quarter, iPhone sales missed estimates by $2 billion. 5. Apple has shown revenue growth despite challenges in China.