Apple has announced the replacement of its entry-level iPhone SE with a new model, iPhone 16e, priced at $899 in Canada. This new version comes with features that were previously exclusive to higher-end models, but the increase in price, by $320 over the old SE, raises concerns for budget-conscious shoppers, especially in comparison to other brands like Samsung and Google. Experts argue that this trend reflects rising manufacturing costs and a shift towards profitability, potentially alienating lower-income customers as Apple continues to push premium pricing.
Apple's prices do tend to run on the high side, and I don't think it started or will end with this new version.
Nine-hundred bucks, any way you look at it, is a very expensive smartphone.
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