The iPhone 8 Will Cost Over $1000

Gadgets News Smartphones

Rumours suggest that the new cutting-edge features and innovative redesign of the Apple’s 10th-anniversary smartphone will increase the price to more than $1,000. A research note shared by a Goldman Sachs analyst has suggested that the 256GB iPhone 8 will cost consumers $1,099. And it might cost even more when it comes to the Middle East.

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The note has also stated that the smartphone will boast an OLED display, 3D sensors and augmented reality technologies. “The first $1,000 iPhone can drive meaningful upside,”Simona Jankowski wrote in a note to clients. “The bottom line is that we are raising our FY18/19 EPS estimates further above consensus. We think the higher demand for the larger (5.8-inches) form factor will be supported by the fact that the iPhone 8 will have compelling new features not available in the smaller form factors.”

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She predicted that the 128GB will go for $999, but the 256GB will boast a $1,099 price tag – Apple’s most expensive iPhone, the 128GB iPhone 7, is only $749. “We think the higher demand for the larger (5.8-inches) form factor will be supported by the fact that the iPhone 8 will have compelling new features not available in the smaller form factors,” Jankowski wrote.

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Chris N. Fernando is an experienced media professional with over two decades of journalistic experience. He is easily excited by the smallest of technologies around. He is an Android fanboy at heart, who also owns an iPhone, a Windows Phone, and a BlackBerry. Though he uses a MacBook Pro at work, he also uses a Windows PC, an Xbox One and an Xbox 360 for all his gaming requirements. True gadget lover at heart!