iPhone 8 will not cost more than $1000 – new report

There has been numerous report regarding
the price of an iPhone 8. Various sources claimed that it will cost more than
$1000 because of the new features like OLED displays, wireless charging, and 3D
sensors. But a new investor note from UBS analyst Steven Milunovich claims that
the price of upcoming iPhone 8 will be between $850-$900.

iPhone 8 will be around $70-$90 higher than the current 32 GB iPhone 7 Plus model which will increase the cost but the price won’t exceed $1000.
Image Source: Everything Apple Pro
According to the analyst Milunovich, the
factory cost of 64 GB iPhone 8 will be around $70-$90 higher than the current
32 GB iPhone 7 Plus model which will increase the cost but the price won’t
exceed $1000.
iPhone 8 is expected to be launched
later this year with more features like wireless charging, 3D facialrecognition/iris scanning, embedded Touch ID and True Tone Display.