Apple introduces iPhone 17e
by Horace Dediu
Double the storage, same price, higher margins
Apple today announced the new iPhone 17e, a powerful and affordable addition to the iPhone 17 lineup.
Source: Apple Newsroom
NB: iPhone 17e will start at 256GB of storage for $599…
…— 2x the entry storage from the previous generation at the same starting price, and 4x more than iPhone 12. I should now remind that Apple guided for record high margins in the current quarter. This is despite knowing they would launch a new product with twice the memory of its predecessor.
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