Before the iPhone 16e’s arrival, the best budget iPhone option was the SE, which had a decade-plus-old design and a tiny IPS screen with a lower resolution and an IPS panel. Replacing the SE with a product with modern design, top-tier specs, and Apple Intelligence is a major leap forward for Apple’s entry-level smartphone.

The iPhone 16e starts at $599 with 128GB of storage space. Increase that to 256GB and the price goes up to $699, and if you opt for the 512GB variant, the price jumps to $899.