Apple has announced a new iPhone which brings artificial intelligence (AI) features at a lower cost than its flagship handsets. The iPhone 16e has the same processor as the more expensive iPhone 16, Apple said, with similar storage options, though a lower spec elsewhere, including fewer cameras.

Apple has announced the iPhone 16e, a more affordable model featuring AI capabilities and the same A18 chip as the flagship iPhone 16. While it offers similar storage, it has fewer cameras and lower specs elsewhere.

Commentary: Apple Intelligence is no longer limited to the most expensive iPhones. Now's the time for it to show its worth.