The all-new iPhone 16e ditches the Home Button for good. On Wednesday, Apple introduced “a new member of the family.” Tim Cook last week had teased that the company would be launching something, and it turns out it’s a new iPhone.

It was a little more than two years ago when Apple refreshed its entry-level, low-cost iPhone model, ideal for people who didn't need all of the bells and whistles but still wanted to be part of the Apple ecosystem -- the iPhone SE.