
Why Buy Flagship Phones if 'Budget' Phones Are Just as Good Now?
Earlier this year, Apple released its more budget-friendly iPhone 16E, which also got jeers for an higher-than-expected price of $600. It carries the same processor as the main iPhone 16, but lacks one rear camera.
The cost of phones is expected to continue to rise, leaving the more affordable models stuck filling an awkward gap for anyone who's looking to buy a new phone. These budget models cost more than before but they can also do more than ever, with similar processors to their flagship counterparts.
So for this week's episode of One More Thing, which you can watch embedded above, I'm talking about how budget tech is becoming the new normal -- and why it's time to take this category seriously as the only tech worth your money now for upgrades.
Phone costs will continue to rise, and it might not even be related to the latest tariff threats. Apple is reportedly planning to raise iPhone prices regardless of tariffs, according to reporting from The Wall Street Journal. Tech tariff anxiety is still high, with a CNET survey finding that 64% of consumers are rushing to buy tech to avoid price spikes and shortages.
That means tech companies are more incentivized to make lower entry prices for a product, and that means cutting some features to cut costs. And this trend goes beyond phones. Apple is rumored to be making a cheaper MacBook by giving it an iPhone chip.
And why not? With how good these processors are, you might not even notice the difference for basic tasks.
If you're looking for more One More Thing, subscribe to our YouTube page to catch Bridget Carey breaking down the latest Apple news and issues every Friday.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Federal job cuts set off retirement surge, planning challenges
A sharp rise in federal retirements, coupled with an expected wave of more government layoffs, is prompting high-stakes career decisions for many federal employees. Through June, more than 72,000 federal employees have filed retirement claims with the Office of Personnel Management, data shows. That represents a 38% increase in claims compared to the same period last year, driven by a wave of cuts across federal agencies by the Trump administration. Starting in late January, Elon Musk and his Department of Government Efficiency (DOGE) worked to cut tens of thousands of federal workers. But even after Musk's departure, the Trump administration has made clear that it intends to continue downsizing the federal workforce. Last week, the Supreme Court ruled that the Trump administration could move forward with extensive government job cuts. Thousands of federal employees across more than a dozen agencies, including the Departments of Agriculture, Commerce, Health and Human Services, State, Treasury, and Veterans Affairs, are slated for dismissal. READ MORE: Trump's megabill passed — here's what advisors should know Financial advisors who specialize in working with federal employees say the options available to their clients have become clearer compared to the start of the year. "Earlier this year, there was so much more uncertainty around what the options were, and so in some ways … some discussions were driven by a lot of fear, because of the uncertainty of just not understanding what the deferred resignation program really looked like and whether it was legal and things like that," said Amy King, founder of Instar Financial Planning in Fallston, Maryland. "Now there's not so much uncertainty anymore. It's really just that they've made their decision. Now how do we effectively plan, given the decision they've made and the timeline that we know about." Still, continued cuts across the government, as well as uncertainty around future regulations, make navigating retirement decisions for current federal employees difficult. "In some cases, whole offices have basically stopped having any work come down to them, like they're just being totally hobbled and cut out at the knees," said Andrew Katz-Moses, founder of Katz-Moses Financial in Washington, D.C., "So they're very interested in exploring if it's possible for them to actually retire." Making that determination looks different for every worker, but advisors point to a couple of common considerations. Federal workers considering retirement can have a variety of potential offers available to them, each with its own set of rules and financial implications. For many, the choice revolves around a handful of options, including the voluntary early retirement authority (VERA), the voluntary separation incentive payment (VSIP) — commonly known as a buyout — and, in some cases, agency-specific initiatives such as a deferred resignation program (DRP). "I would say 75% of the new clients that I've received, federal employee clients that have come in, are looking at whether or not they can accept the deferred retirement offer that came out earlier, and several of them are taking it," King said. "Several have taken the voluntary early retirement authority, the VERA, in conjunction with DRP." READ MORE: Coping with brutal Efficiency: How advisors are helping federal workers For eligible workers, deferred retirement could also be an appealing option, but it comes with implications of its own, King said. "If they're leaving and they're going to end up with a deferred retirement, which means that it's not going to kick in until probably 62 maybe as early as 57, what are they doing in between when they retire, until they're eligible to collect their annuity?" King said. "What are they doing for health care? What are they doing for income? What are their options for whether or not the Federal Employee Health Benefit kicks back in or not? So it's not just the standard stuff that normally comes with financial planning around literally, like, 'Can I retire?' It's also the benefits part of it." Beyond the finances, advisors say that many federal employees are also having to factor in assumptions about the future of the government into their decision. Earlier this year, some 40,000 federal employees resigned through the Trump administration's fork-in-the-road offer, according to the Federal News Network. Now, many of the workers who declined to take that offer find themselves in limbo. "Sometimes it makes a lot of sense, like they should take it, and sometimes they also have to think about, okay, if they don't take it, what's the risk that they come back and get fired anyway, and now they've not taken this buyout that was on offer," Katz-Moses said. As a new wave of federal layoffs ramps up, advisors say that it's easy for workers to feel overwhelmed by all of the variables at play. That's why it is crucial to talk about emotions first before jumping into logistics, according to Katz-Moses. READ MORE: A checklist for advisors assisting federal employees "I always like to check in on the emotions first and [say] like, 'Let's step back. Let's get out of the numbers and the logistics for a second. What do you really want right now? What's most important?'" he said. "'Even given all the turmoil and tumultuousness of what's happening right now, if this goes really well, what will happen for you?' Start to, you know, vision out what that ideally looks like, and then we have to look at the numbers."


CBS News
24 minutes ago
- CBS News
Avelo Airlines to stop flights out of Hollywood Burbank Airport
Beginning next month, Avelo Airlines will start closing its hub at Hollywood Burbank Airport before eventually ceasing its Southern California operations by the end of the year. "This was not an easy decision," Avelo wrote in a statement. "Our company's deepest operational roots are in BUR, having launched our first flight there over four years ago during the COVID pandemic." On Aug. 12, Avelo will only have one aircraft operating out of Burbank before closing its only base on the West Coast on Dec. 2. The budget airliner plans to move the jets to other hubs. "We believe the continuation of service from BUR in the current operating environment will not deliver adequate financial returns in a highly competitive backdrop," Avelo wrote in a statement. "We intend to redeploy these BUR aircraft to business areas where we see more efficient longer-term growth prospects, while also building depth and breadth to our East Coast operation." Avelo offers flights across the U.S. and to international destinations including the Dominican Republic, Jamaica and Mexico. It operates out of eight hubs across the U.S., flying out of airports in North Carolina, Florida, Connecticut and New Hampshire. The airline said employees in California will be given the opportunity to transfer to another base. Customers can receive a refund for booked flights by visiting the "Manage Trips" section of Avelo's website.

Travel Weekly
25 minutes ago
- Travel Weekly
CBP agents remove some crew from Victory's two ships in the Great Lakes
Crew members from Victory Cruise Lines' two ships, the Victory I and Victory II, were removed by U.S. Customs and Border Protection (CBP) during the ships' routine operations in the Port of Detroit, according to the cruise line. Sources familiar with the situation said that on July 9 and 11, the CBP removed 13 crew members who had previously been cleared for entry into the U.S. and to work onboard the ships by the CBP. The cruise line obtains crew members primarily through third parties, a source said, which vets the crew members, who have valid work visas. The ships are currently operating Great Lakes itineraries. The CBP did not respond to a request for comment. "We are actively cooperating with federal authorities to clarify the circumstances, and my priority is always our crew and the experience for our guests," said John Waggoner, the founder and chairman of Victory. According to social media reports, other ships operating overnight cruises on the Great Lakes have also had crew removed by federal agents. Waggoner and other company executives are visiting both ships this week. The Victory I. Photo Credit: Anne Kalosh Related: The revival of Victory Two coastal ships with a long history get a new lease on life. Continue Reading Victory re-entered service in late April following Waggoner's purchase of the brand and ships last year after American Queen Voyages' closure. Victory's ships offer Great Lakes and New England-Canada itineraries through the fall.