The $599 iPhone 16e is many things, but don't you dare call it a budget phone. I hesitate to even call it "cheap." As a successor to the $429 iPhone SE, it's hard not to see the 16e as a disappointment. Sure, it's $200 less than the vanilla iPhone 16 (which I argued was a great deal at launch), and the 16e also packs in the latest A18 chip with support for Apple Intelligence. But it's no longer a small phone, and it pushes Apple's cheaper iPhone option well beyond $500. That's something we'll likely never see again. (And it's potentially terrible news for future iPhone pricing, as well.)
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