We all know that this year’s iPhone is going to be a special one, both for the customers and for Apple. This is because the iPhone will turn ten this year and Apple is expected to launch a special edition iPhone to mark this occasion. While everything seemed good about the upcoming iPhone, its pricing, as per the recent reports, will be way higher than the current iPhones.
The last phone in the iPhone series is the iPhone 7 and it starts at $649, the price that hasn’t changed much since the first iPhone. But according to a report by Goldman Sachs, the iPhone 8 will cost a whopping $1000, with a variant costing even more.
Analyst Simona Jankowski informed that the iPhone 8 will be launched later this year in two storage variants, one with 128GB and the other one with 256GB. The prices of both the phones would be $999 and $1,099 respectively.
Goldman Sachs also predicts that Apple will be launching not two but three devices this year. Besides the anniversary device iPhone 8, there will also be the iPhone 7s and the iPhone 7s Plus, following the usual iPhone update cycle.
As far as the prices of the other two phones are concerned, they will carry the same old price tag of $649 for the iPhone 7s and $769 for the iPhone 7s Plus. Moreover, these two devices will retain the 32GB variant along with the 128GB and 256GB storage options.
However, Apple already retails its highest-end iPhone 7 Plus 256GB for $969, just $31 short of a full grand. But, that is a price for the highest end variant of the phones, while the iPhone 8 will start from $999 as per the report.
Despite sporting a high starting price, Jankowski believes that there would be no fall in the demand for the iPhone 8. Also, because of the iPhone 8, the average iPhone selling price will increase by 16 percent to $763 for the fiscal year 2018. The Wall Street estimated this number to be $675.