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Apple’s iPhone 16e is significantly outselling iPhone SE

  • Apple's new iPhone 16e is outselling the iPhone SE, with 60% higher sales in the first three days.
  • The strong performance of iPhone 16e is not expected to change Apple's overall sales projection in China, which is expected to dip by approximately 2%.
  • Competition from Android, national China subsidies, and the emphasis on 'face' in China present challenges for Apple in fending off budget Android alternatives.
  • In India, the iPhone 16e is expected to make up as much as a fifth of iPhone sales in the second half of the year.

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