A brand new Benzinga ballot asks readers if the newly unveiled Apple Inc AAPL iPhone 16e is simply too costly to be a funds choice or might be a worth, forward of the cellphone’s launch.
What Occurred: Apple not too long ago unveiled the iPhone 16e smartphone, which comes with a decrease beginning worth than the iPhone 16 and has lots of the options Apple followers have come to know and love.
The cellphone replaces the iPhone SE funds mannequin launched in 2022. The brand new cellphone is available in 5 shade choices, has storage choices of 128 GB to 512 GB, has the Apple A18 chip and comes with Apple Intelligence AI options.
Preorders for the iPhone 16e started on Feb. 21, and the cellphone will formally go on sale on Feb. 28. The cellphone begins at $599, and the iPhone 16 begins at $799.
Benzinga not too long ago requested readers concerning the potential worth of the cellphone.
“Do you assume the $599 beginning worth for Apple’s new ‘funds’ iPhone 16e is…?” Benzinga requested.
These have been the outcomes:
- Too costly for a funds choice: 34%
- Moderately priced: 25%
- Overpriced no matter class: 22%
- An excellent worth for an iPhone: 18%
The highest vote getter within the ballot was the brand new iPhone 16e being too costly to be thought of a funds choice. The cellphone being an important worth for an iPhone ranked final within the ballot.
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Why It is Vital: Whereas the ballot suggests potential dangerous information for Apple, with readers believing the brand new iPhone is simply too costly as a funds choice, the cellphone’s cheap worth was the second highest vote-getter at 25%.
This implies that the cellphone might have a audience and be a powerful vendor for the know-how large.
Deepwater Administration’s Gene Munster not too long ago predicted Apple might get a income increase from the brand new lower-priced smartphone.
Munster highlighted that the iPhone 16e was probably the most reasonably priced Apple cellphone that helps Apple Intelligence. The tech investor additionally predicts the iPhone 16e might make up 10% of Apple’s income, increased than the 7% the corporate beforehand received from the iPhone SE.
The brand new iPhone can be the primary iPhone to characteristic Apple’s personal mobile modem chip, which might assist the corporate break free from a provider and take a look at the product forward of the long run iPhone 17 launch.
AAPL Worth Motion: Apple inventory is up 0.1% to $247.35 on Tuesday versus a 52-week buying and selling vary of $164.08 to $260.08. Apple inventory is up 1.9% year-to-date in 2025 and up 37% over the past 12 months.
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The research was performed by Benzinga from Feb. 19, 2025 by way of Feb. 21, 2025. It included the responses of a various inhabitants of adults 18 or older. Opting into the survey was utterly voluntary, with no incentives provided to potential respondents. The research displays outcomes from 134 adults.
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