Apple has introduced the iPhone 16e as a more affordable option in the iPhone 16 lineup.The iPhone 16e features a 6.1 inch Super Retina XDR display, Face ID, and 128GB of storage.It is powered by the A18 chip and Apple's first cellular modem, offering fast performance and AI capabilities.The iPhone 16e is water and dust resistant, and aims to capture the mid-range smartphone market.