The New iPhone 16expensive

I thought about buying the new iPhone SE 2025 which is now named iPhone 16e. Until recently I used my iPhone X, upgraded to a used iPhone 13 Pro and would love to upgrade to a newer model. However, the pricing is just out of this world. Like everybody else in the tech bubble I’m too saying 699€ (or similar amount in $) is just too much. Inflation is a thing but not a justification for this price. Still waiting for the next iPhone mini. Sadly, this won’t happen anymore. The only highlight is reading the web’s option about Apple’s pricing policy and business economics.