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Apple Unveils the iPhone 16e: A New Era of Budget Smartphones
Apple has recently entered the market with a new product aimed at cost-conscious consumers—the iPhone 16e. Priced at $600, it may seem counterintuitive to label a smartphone at this price point as "budget." In fact, not too long ago, premium iPhones were also priced around $600, often subsidized by two-year contract plans. However, as technology continually evolves, so too does the definition of affordability in the smartphone industry.