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.
The iPhone 16e unveiled Wednesday is the fourth-generation of a model that is sold at a dramatically lower price than the iPhone's standard and premium models. The previous bargain-bin models were called the iPhone SE, with the last version coming out in 2022.
Like the higher-priced iPhone 16 lineup unveiled last September, the iPhone 16e includes the souped-up computer chip needed to process an array of AI features that automatically summarize text, audio and create on-the-fly emojis while smartening up the device’s virtual assistant, Siri. It will also have a more powerful battery and camera.
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