The iPhone 16e will boast the souped-up chip needed to run Apple's AI features, one of several upgrades that will translate into a starting price of $600.

Apple launched on Wednesday a budget-minded phone with artificial intelligence, the iPhone 16e, designed to win back mid-market customers at home and in crucial growth markets China and India. The new phone,

Apple launched its latest low-cost model, dubbed the iPhone 16e, today as it looks to grab a bigger share of the mid-range smartphone market and fend off rivals such as Samsung and China’s Huawei.

Apple will work with Chinese tech giant Alibaba to roll out AI services in the world’s biggest market for mobile phones, in a move that removes months of uncertainty for the Cupertino-based firm.

Apple launched its latest low-cost model, dubbed the iPhone 16e, on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from rivals such as Samsung and China's Huawei.

Apple Inc. is likely to see tariffs under the second Trump administration, and the company may have to raise the price of the iPhone and other products in the U.S., according to a BofA analyst. Wall Street has been hoping that the Trump administration would give Apple another exemption from tariffs,

CEO Tim Cook promised a new product today, and Wall Street is expecting a new version of its iPhone SE, which could boost sales in China.

Apple is set to launch its latest budget iPhone model on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from rivals such Samsung and China's Huawei.

Apple is set to launch a new model of its lower-price iPhone on Wednesday as it works to fight off stiff competition from Chinese rivals. The tech giant is expected to introduce a new version of its iPhone SE,