Analyst Says 128GB iPhone 8 Will Cost $999, 256GB to Run $1,099

iPhone 8 Specs

The iPhone 8 will arrive at some point in the future, maybe as late as November if rumors are true.

And when it does, it may be attached to a pretty high price tag, thanks to all those new pieces, parts, and features that will be baked into the handset. Indeed, rumors that Apple will charge “more than $1,000” for the iPhone 8 have been circulating for months now, with at least two different suggestions back in February that Apple may feel the need to hike the price thanks to its own production costs going up.

Now, as MacRumors reports, an analyst from Godlman Sachs, Simona Jankowski, has weighed in, outlining that she expects Apple to launch only 128GB and 256GB variants (so no 32GB or 64GB options), and that the starting price tag for the high-end, flagship handset will start at $999 for the 128GB model.

Meanwhile, the 256GB iPhone 8, following Apple’s own pricing schemes, would cost $1,099.

“Relative to the 128GB iPhone 7 Plus, we estimate the new features and higher commodity prices to increase the bill of materials by over $70, which we expect Apple to offset via a $130 price increase, resulting in a starting price of $999 for the 128GB capacity and $1,099 for the 256GB capacity (we don’t expect the iPhone 8 to come in 32GB).”

This doesn’t feel entirely impossible. Apple’s iPhone 7 Plus with 256GB of built-in storage costs $969 right now in the United States. So, with a (bigger) OLED display, wireless charging, a new dual-camera system on the back with 3D sensors, and whatever else Apple has planned for its 10th anniversary phone, charging more right out of the gate seems almost likely.

Still, the question is: Will you spend that much to make the iPhone 8 yours?

[via MacRumors]

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