The iPhone 16e replaces the iPhone SE as Apple's cheapest iPhone. So, is it an easy decision to upgrade or does the big price hike a deal-breaker?

The price may be higher, but Apple's latest phone also packs a slew of new features and capabilities. Here's how it compares to its predecessor.

First, the company shifted away from the “SE” branding after nearly a decade. Then it priced the budget phone higher than expected at $599 – a notable jump from the $429 iPhone SE.