The iPhone 8 will cost OVER $1000

The iPhone 8 will cost OVER $1000
May 13 10:59 2017 Print This Article

The new cutting-edge features and innovative redesign of the Apple’s 10th-anniversary smartphone has been rumored to increase the price to $1,000 – but a new report has found the amount could be even more.

A research note shared by a Goldman Sachs analyst has suggested that the 256GB iPhone 8 will cost consumers $1,099.

The note has also stated that the smartphone will boast an OLED display, 3D sensors and augmented reality technologies.

The latest predictions regarding Apple’s highly anticipated next generation phone was revealed to CNBC by Simona Jankowski.
‘The first $1,000 iPhone can drive meaningful upside,’ Jankowski wrote in a note to clients Thursday. ‘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″) form factor will be supported by the fact that the iPhone 8 will have compelling new features not available in the smaller form factors,’ she wrote.

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′) 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.

Although it seems that an increase is inevitable, the latest report bumps up the cost revealed in February.

Mark Sullivan with Fast Company had reported that the iPhone 8 would cost users more than $1,000, as a result of the new technologies.

However, this week has produced some good news about the handset – it may actually be released on time, going against rumors that it would be delayed by months.

Several rumors have been circulating about the iPhone 8, and suggest the next device may have:
– Dual-lens 3D camera
– Augmented reality to generate real-time views of surroundings
– Curved glass casing – Plastic OLED screen
– Wireless charging
– A folding element
– New 5 inch (12.7 centimeter) and 5.8 inch (14.7 centimeter) model, which will have a wraparound OLED screen
– 5.8 inch will be designed with the Touch ID finger print sensor ‘under the glass and in the active display area’
– A new ‘pure white’ model
– Aluminum back will be replaced with two reinforced glass panes and a metal frame in the middle
– Facial recognition
– 128GB will cost $999
– 256GB will cost $1,099

And the new information has suggested that iOS users could purchase the device as soon as October or shortly after the release of the iPhone 7s models, which are also said to be equipped with the A11 processors.

A separate report from Digitimes earlier this month, which was shared by the Economic Daily News, also suggested that Apple would stick to its precious timeline.

2007: After being unveiled in January, the first iPhone goes on sale amid passionate Apple fan reaction and queues outside retail stores.

2008: On July 11 2008 the second generation iPhone 3G launches, including in a white color option for the first time.

2009: The iPhone 3GS goes on sale in June, and sales for the year reach more than 25 million.

2010: The introduction of the iPhone 4 includes the first major redesign of the iPhone. The front and back casing are both made of glass for the first time, with a steel trim and edges.

2011: The iPhone 4s is introduced, including voice assistant Siri for the first time.

2012: The iPhone 5 ushers in another redesign, this time increasing the screen size to four inches for the first time.

2013: Another ‘s’ model, this time the iPhone 5s, is launched. The first iPhone to include a fingerprint scanner integrated into the home button, known as Touch ID.

2014: In September the iPhone 6 and 6 Plus are unveiled, offering the iPhone in two sizes for the first time – both of which have increased screen sizes on previous generations at 4.7 and 5.5 inches respectively.

2015: In September the 6s and 6s Plus are released, complete with a new pressure sensitive screen.

2016: In September the iPhone 7 and 7 Plus are announced, with the Plus housing a dual rear camera for the first time that is designed to capture images to rival that of a digital camera.

Sources had said that the firm’s suppliers ‘including Taiwan Semiconductor Manufacturing Company (TSMC), SLP (substrate-like PCB) makers Zhen Ding Technology and Kinsus Interconnect Technology, and battery supplier Simplo Technology, are ready to ramp up related iPhone parts ‘starting June – similar to the new report published by the paper.

TSMC would begin fabricating the wafer starts needed for the production of A11 processes on June 10 and deliver the chips in volume quantity in the second half of July, the report indicated.

It was also discovered that ‘iPhone assemblers Foxconn Electronics, Winstron and Pegatron were accelerating the recruitment and training of new workers in China in preparation of mass production of the new iPhone,’ said the report.

Although the iPhone 8 may be released on time, KGI’s Ming-Chi Kuo noted on Wednesday that there is a ‘rising probability’ of the ‘worst scenario’ for production and shipments of the iPhone 8.

Kuo has touched on delays in the past, but the latest research note shared with 9to5Mac highlights the firm’s production troubles due to ‘major hardware upgrades’ could result in a shortage of devices hitting the market at launch.

He has said that there is a ‘rising probability of worst-case scenario for iPhone shipments’ and has lowered what he had predicted in shipments, 100 million to 110 million units, down to 80 million to 90 million units.

We are seeing more evidence that the worst-case scenario forecasted in our April 19 report could materialize, where new iPhone shipments in 2H17F are revised down to 80-90mn units from 100-110mn units (vs. consensus of 100-120mn units),’ reads the research note.

  Article "tagged" as:
view more articles

About Article Author


I am a very driven Web Content Manager with extensive experience in digital writing and editing, strong ability to work with teams and multi-task projects under strict deadlines. I have extensive experience in various CMS, including Vivvo and Word Press. Most of all I am a Christian.

View More Articles
write a comment


No Comments Yet!

You can be the one to start a conversation.

Add a Comment

Your data will be safe! Your e-mail address will not be published. Also other data will not be shared with third person.
All fields are required.