Apple's newest addition to its budget line is going to cost more than expected.
The iPhone 16e is the first update to the company's most affordable model since 2022, but carries a higher price tag of $599.
Revamped entry-level iPhone is last to exchange touch ID home button for face ID, modern design – and a price hike
Apple announced a new iPhone model on Wednesday. Apple is releasing a new low-cost iPhone as sales have been mixed in recent quarters and Apple seeks growth for its most important product category.
Apple on Wednesday revealed its first custom-designed modem chip that will help connect iPhones to wireless data networks, a move that will make the company less reliant on chips from Qualcomm that also power its Android rivals.
Here's what the impacts of tariffs could be to Apple.
Apple partners with Alibaba to boost iPhone sales in China, addressing declining market share and competition from Huawei and pushing me to initiate the stock with a buy. Alibaba's Qwen AI model chosen for its top performance and compliance with Chinese regulations, enhancing Apple's service in China and giving customers a reason to upgrade. I think the market still hasn't priced in the full potential from this yet and believe investors should buy AAPL stock on that looming concern.
The tech giant is expected to introduce a new version of its iPhone SE, a somewhat more outdated smartphone that starts at just $429 on its website.
There's no denying that Apple (AAPL 0.12%) is such a commonly suggested stock pick that it's almost become cliché. Almost. The fact is, whether it's a predictable pick or not, the consumer tech giant deserves a place in most people's portfolios for a range of reasons.
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 has told Britain's competition regulator that some of the remedy options proposed by the watchdog to address concerns in the mobile browser market would impact the iPhone maker's incentive to innovate.
Currently, Apple is the most valuable publicly listed company in the world, with a market capitalization of $3.6 trillion as of Feb. 17. But I think Amazon (AMZN -0.89%) will top that figure before the year's end in 2026.