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Apple launches lower cost iPhone 17e and a new iPad Air powered by its M4 chip

Apple opens week of product launches with refreshed low-cost iPhone and a faster iPad Air, as it begins what looks to be a broader multi-day hardware push.

BusinessBy Catherine ChenMarch 2, 20261 min read

Last updated: March 29, 2026, 8:41 AM

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Apple launches lower cost iPhone 17e and a new iPad Air powered by its M4 chip

Apple opened its week of product launches on Monday morning with a refreshed low-cost iPhone and a faster iPad Air, as it begins what looks to be a broader multi-day hardware push.

The headline device is the new iPhone 17e, a budget model in the iPhone 17 lineup that starts at $599 and comes in below the $799 standard iPhone 17.

The 17e keeps the same 6.1-inch size, but adds tougher glass, Apple's A19 chip, the newer C1X modem, MagSafe charging, and 256GB of starting storage — twice the base capacity of last year's model.

It comes in pink, black, and white, with preorders starting March 4 and in-store availability beginning on March 11.

Apple also updated the iPad Air, which keeps the same design and price but moves from its M3 to M4 chip.

The 11-inch model still starts at $599, while the 13-inch version remains $799. Apple said in the release the new processor is up to 30% faster than the prior generation.

The company has planned product announcements over the next few days. Apple has told stores to brace for a big rush, Bloomberg reported.

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Catherine Chen

Financial Correspondent

Catherine Chen covers finance, Wall Street, and the global economy with a focus on business strategy. A former financial analyst turned journalist, she translates complex economic data into clear, actionable reporting. Her coverage spans Federal Reserve policy, cryptocurrency markets, and international trade.

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