You all can stop associating 16e with SE3 now. They are on very different markets. The SEs are gone.
The update from the iPhone SE 3, the iPhone 16e boasts a new 6.1-inch OLED display. The Home button with Touch IDhas been retired in favor of a notch and Face ID.
Both arguments could be true. I am leaning towards the dropped low cost SE rather than the new lower price last year’s model.
People who waited for an SE of an I Phone are disappointed. No more SE I don’t think but 16E will probably won’t get replaced for at least another 2/3 years too.