Focusing on the title of this thread:
iPhone 16/Plus Is the only thing missing a 120hz display?
Apple carefully tries to put pricing points to upsell to the next pricing point. (eg, selling a laptop with 8GB knowing it's most likely many know that 16GB or greater is the minimum they should go after).
I've ended up going with "regular" iPhone 16 after days of comparing 15 Pro, 16, 16 Pro (with 256GB).
So what are the "major" differences:
- Display (0.2" bigger, always-on, 120HZ)
- Camera (LiDAR, telescopic lens/x5 zoom mostly)
- Camera features (4k@240fps slo-mo, support ProRes/RAW - professional photo and video capturing formats better suitable for color grading and professional workflows)
So what are the "minor" differences:
- SoC with one more GPU and additional codecs, mostly needed for Pro camera usage and true gamers
- Additional supported GPS networks
- Aluminium body (though most people got cases and the weight ends being very minor imho)
- "studio quality" microphones
I've ended with iPhone 16 after looking at them side by side and scrolling. the extra screen refresh rate noticeable (I enjoy it on the MBP 14 and I have an iPad Pro but didn't feel it was dramatic for a daily driver especially coming from SE2020). The cameras are fine already and capturing family moments I didn't see the extra camera capabilities something I need.