Apple’s new iPhone 16e, set to ship on February 28, will feature facial recognition as its primary biometric security method, replacing fingerprint scanning (Touch ID). The move aims at more budget-conscious consumers and marks the first time Apple has focused exclusively on Face ID. Analysts weigh in on the benefits of facial recognition, citing ease of use, while some civil rights groups express concerns over privacy.
The iPhone 16e’s switch to Face ID may be a test of consumer interest in advanced biometric security features, with fingerprint scanning potentially making a return on future devices. Others see this change as pragmatic, allowing for more screen space on the device. The company has seen its stock rise 32% over the last 12 months, with analysts predicting moderate buy ratings and an average price target of $250.48, representing 5.64% upside from current levels.
Source: https://www.tipranks.com/news/apple-aapl-moves-to-facial-recognition-with-new-iphone-model