Apple's budget iPhones typically feature slightly older chipsets, so the iPhone 17e could be powered by the A16 Bionic or a modified version of the A17 chip. This would ensure strong performance for daily tasks, gaming, and multitasking while keeping the price reasonable. Apple might reduce RAM compared to the Pro models, but it should still offer a smooth iOS experience. Efficiency improvements could also extend battery life. With Apple's focus on AI and machine learning, the phone may include optimized processing capabilities, enhancing Siri, photography, and other smart features.