We have reported earlier that the iPhone 8 to ditch all physical buttons and cost more than $1,000. Now some more reports are coming about how much the next iPhone would cost. Apple iPhone 8 64GB model might start at $850 to $900 in the United States, and the 256 GB model could go for $1000. If that would happen, then it will be the first Apple iPhone with a four-digit price tag. The iPhone 8 is also expected to dubbed as ‘the anniversary iPhone that will be launched on Apple’s iPhone 10th-anniversary.
These price predictions are coming from UBS analyst Steven Milunovich, who had predicted pretty accurately prices of the iPhone 7 the same time last year. He believes that the base model of the iPhone 8 might be priced higher than predecessors. All these are going to happen because of the widely rumored iPhone 8 with an OLED displays produced by Samsung Display, and that will cost more. Steven Milunovich also predicted that the if the iPhone 7s and iPhone 7s Plus are going to happen, then they will start at around $649 and $749 respectively.
An excerpt from Milunovich’s latest research note:
“Contrary to some perceptions, Apple prices quite competitively. Apple likes to position its entry-level products at the mid-market with “Pro/Plus” products close to competitors at the high end. Therefore, we do not think Apple will stray far from the price point of Samsung’s most expensive model at $840-850 and will keep the entry OLED model at $850-900. Apple’s 256GB OLED model could be $950-1,000, but the 256GB 7 Plus already is $970.”
Current rumors say the next iPhone will have a 5.8” screen with an edge-to-edge OLED display with narrow bezels. It is also expected that Apple will get rid of the home screen button for ‘Function Area,’ probably similar to the Touch Bar on MacBooks. The iPhone 8 is also said to feature wireless charging, and potentially 3D facial recognition and/or iris scanning.