Apple Inc.’s iPhone 16e is outpacing initial sales of the third-generation iPhone SE released a few years ago, but won’t be enough to reverse a China slide, according to analyst firm IDC.

Apple's iPhone 16e is outselling the older iPhone SE by 60%, but analysts say the new budget model won't be enough to stop the company's projected sales decline in China this year.

The iPhone 16e, however, does not. With a modernized design and (nearly) the same processor available across the entire iPhone 16 series, it's clear Apple wants you to think of this as every bit as impressive as the rest of its current-day lineup.