iPhone 17e Rumored for February 19 Launch With MagSafe, Dynamic Island, and a $599 Price Tag

Apple’s budget iPhone is getting less budget and more iPhone. The 17e, set to arrive later this month, is rumored to bring MagSafe charging and the Dynamic Island to the $599 price tier. For context, MagSafe has been available on iPhones since 2020, but only if you were willing to spend at least $799. Now it’s trickling down to the entry model, along with faster wireless charging speeds and compatibility with the full range of Apple’s magnetic accessories.

The Dynamic Island is the other headline addition. While earlier leaks suggested the notch would stick around, newer reports claim Apple is finally retiring it across the entire lineup. That would make the 17e the first budget iPhone to feature the pill-shaped cutout that handles notifications and live activities. The price is staying put at $599 despite industry-wide component shortages and inflation, which makes this one of the rare years where Apple is adding features without inflating the cost. It’s a smart play in a segment where Google and Samsung are both raising prices.

Designer: Volodymyr Lenard

Look, the 16e was fine. Competent even. But that 7.5W Qi charging was a joke, especially when every other iPhone in the lineup had been doing MagSafe since 2020. You’d slap your phone on a charging pad and hope it actually aligned properly, then wake up six hours later to find it at 60% because you were off by half a centimeter. The 17e fixes this with 20W to 25W magnetic charging, which is fast enough that you can actually top up meaningfully during the day. And yeah, you get access to the full MagSafe accessory catalog without feeling like you’re missing out on features you already paid for.

Apple’s probably sitting on a pile of iPhone 14 display panels, which is why everyone assumed the notch would stick around for another generation. Cheaper to use existing inventory than retool the production line for Dynamic Island cutouts. But multiple sources are now saying the pill-shaped design is coming to the 17e anyway, which means Apple decided it was worth eating the cost to kill the notch completely. The notch lasted nearly a decade. Watching it finally disappear from the budget tier feels like the end of an argument that stopped being interesting years ago.

Component shortages are driving prices up across the industry. RAM is expensive, display panels are expensive, everything is more expensive than it was two years ago. Google’s probably launching the Pixel 10a at $549 or higher. Samsung’s A-series keeps inching upward. Apple could have easily bumped the 17e to $649 and blamed supply chain issues, but they didn’t. Holding at $599 while adding MagSafe and an A19 chip is either aggressive margin compression or a bet that ecosystem lock-in is worth more than short-term profit per unit.