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Apple has introduced what it calls a more durable and affordable iPhone 17. The iPhone 17e, which was announced Monday (March 2) and starts at $599, is a scaled-down cousin to the tech giant's iPhone 17.
The company is boosting the storage capacity of its devices, a move thought to be a prelude to expected Siri enhancements later this year.
The move comes as memory chip prices climb amid a global shortage, suggesting Apple is willing to absorb some component cost pressure to make its lowest-priced model more compelling.
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Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a fiercely competitive global handset market.
Apple has temporarily shut its corporate offices and five retail stores across the United Arab Emirates (U.A.E) following attacks from Iran across the region over the weekend.
Apple is expected to debut several products this week amid anticipation for new artificial intelligence releases. The first of these announcements could come Monday (March 2), per a post on X by CEO Tim Cook last week.
Plus, Anthropic vs. the Pentagon, why iPhones should have privacy screens, Nvidia's new inference chip and Block's layoffs.
News over the weekend brought a fresh jolt of geopolitical uncertainty for investors to digest as the first trading week of March kicks off.
Anthropic's Claude app has gained popularity in recent weeks, as the company's battle after the use of its artificial intelligence models by the U.S. Department of Defense made headlines. Claude has reached the No.
New research from IDC forecasts that the global smartphone market will shrink 13% due to the crunch in memory chip supplies. Nabila Popal, senior research director at IDC, joins Caroline Hyde on “Bloomberg Tech.