Apple (AAPL) Makes an Interesting Gamble on the iPhone 16e, and It’s All About China

24/7 Wall St. : Apple Inc. (NASDAQ: AAPL) launched the lower-priced iPhone 16E to regain market share in China, where high costs have hindered competitiveness against local brands. Despite lackluster sales of the iPhone 16, the 16E includes core AI features, positioning it as a value-driven option in both China and price-sensitive global markets. […]