The iPhone 16e costs $200 less than the iPhone 16 — naturally, it’s missing a few features. There is a single 48-megapixel rear camera with two-times zoom but no ultra-wide or

Apple's newest phone replaces the iPhone SE in its official lineup but is more of a budget iPhone 16 with features like Apple Intelligence.

First, the company shifted away from the “SE” branding after nearly a decade. Then it priced the budget phone higher than expected at $599 – a notable jump from the $429 iPhone SE.