Apple iPhone 8 unlikely to cost above $1000

Andrew Cummings
April 5, 2017

We know the new iPhone is going to be expensive, we just don't know how expensive. yet. For example, the iPhone 7 was announced on September 7th and released on September 16th.

That being said, the iPhone 8's delay doesn't necessarily mean that Apple won't release a new iPhone model in September. Forget about specs, there was also a rumor saying that iPhone 8 will cost more than $1000 at retail.

Apple is expected to offer three iPhones this year, with one of the models to feature an organic light-emitting diode (OLED) display.

Interestingly, Apple's new iPhones are also set to get a new design, reports suggested previously that the handsets will feature a glass back and will come with a stainless steel chassis.

iPhone 8: Will Apple Take Attention Away From Samsung Galaxy S8?

UBS Asia hardware analyst Arthur Hsieh estimates the factory cost of the phone could be $70-90 higher than the current Plus model.

What do we know about the iPhone 8?

Samsung Display has been beefing up OLED production in recent years, with plans to produce a monthly 120,000 to 135,000 units of the sixth-generation OLED panels by the second quarter next year. The iPhone 8's home button will reportedly be replaced with something called a "function area" which will display virtual buttons and actions in context with everything else on the screen, similar in nature to the TouchBar featured on late 2016 models of the MacBook Pro. According to a recent report, a new investor note from UBS analyst Steven Milunovich disputes earlier reports and says the Apple iPhone 8 will arrive in for less than $1000.

Other reports by iNewsToday