Apple (NASDAQ: AAPL) has introduced the iPhone 16e, a new addition to its smartphone lineup aimed at offering advanced features at a more accessible price point. Priced at $599, the iPhone 16e features a 6.1-inch Super Retina XDR OLED display, the A18 chip with Apple Intelligence, and a 48-megapixel 2-in-1 Fusion camera system. Notably, it includes Apple’s first in-house designed modem, the Apple C1, enhancing connectivity and performance. Pre-orders begin on February 21, with general availability starting February 28.
As of 9:45 a.m. EST on February 20, 2025, Apple shares are trading at $245.53, with an intraday high of $246.77 and a low of $243.60.
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Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s five software platforms—iOS, iPadOS, macOS, watchOS, and tvOS—provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.
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