iPhone 8 Tipped to Cost Above $1,000

iPhone 8 Tipped to Cost Above $1,000

There's been a lot of speculation about the iPhone 8 with specifications and design changes being at the forefront. However, a fresh report sheds some light on the iPhone 8 price bracket. Reportedly, the premium device marking Apple's 10-year anniversary could well be priced north of $1,000 (roughly Rs. 67,100) - thanks to the introduction of OLED displays.

As OLED displays are twice as expensive as LCD displays, Apple's celebratory iPhone 8 smartphone will be priced above $1,000 (roughly Rs. 67,100), according to the report. This doesn't come as a surprise as Apple is known for this kind of pricing, and its most premium variant of the iPhone 7 Plus costs $969 (Rs. 92,000 in India).

The report further adds that Apple has been working with Lumentum to bring a unique 3D-sensing technology. This technology will bring some sort of facial recognition, better image resolution for the camera app, or some form of augmented reality application. However, the actual advantage of this technology is not known yet.