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The iPhone 16 and iPhone 16 Plus are smartphones developed and marketed by Apple. They are the eighteenth -generation iPhones , succeeding the iPhone 15 and iPhone 15 Plus . The devices were unveiled alongside the higher-priced iPhone 16 Pro and 16 Pro Max during the Apple Event at Apple Park in Cupertino, California , on September 9, 2024.
The backside of the iPhone 16 Pro in Desert Titanium. The iPhone 16 Pro models continue the edge-to-edge display design but introduce thinner display borders, giving them the thinnest borders of any Apple product to date; iPhone 16 Pro and iPhone 16 Pro Max feature larger 6.3-inch and 6.9-inch Super Retina XDR OLED displays, respectively, with iPhone 16 Pro Max offering the largest iPhone ...
The iPhone 16, 16 Plus, 16 Pro, and 16 Pro Max were announced on September 9, 2024. The former two introduced a vertical camera layout with refined "Fusion" and Ultra-Wide cameras. [58] The 16 Pro and Pro Max have larger 6.3-inch and 6.9-inch displays, a 48-megapixel Ultra-Wide camera, and the largest batteries in an iPhone up to that point. [59]
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In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. [15] The company raised $85 million Series C funding in May 2018. The round was co-led by existing investor Rakuten Ventures and EDBI. Other participants included 500 Global, Golden Gate Ventures and Sequoia India as well as new investor DBS. [16]
Initially priced at $499 (equivalent to $733 in 2023) and $599 (equivalent to $880 in 2023) for the 4 GB models and 8 GB models respectively, the iPhone went on sale on June 29, 2007. Apple closed its stores at 2:00pm local time to prepare for the 6:00pm iPhone launch, while hundreds of customers lined up at stores nationwide.
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Big Mac index, November 2022. The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries.