Apple’s iPhone 8 Price: Start from $1200?!

Marking Apple’s 10th anniversary is the release of the iPhone 8 later this fall, which is expected to be the company’s biggest smartphone release in years. Apple phone’s brand lovers have so much anticipation and hype in the launch of the new iPhone 8 which is a month away than they were at the launch iPhone 7.

Noted Apple watcher and developer John Gruber wrote in a July 7 post on his Daring Fireball blog that the price will start from $1200 and rise to the high-end premium models selling at as much as $1400 per unit. These high prices place the 2017 iPhone 8 device as the most expensive smartphone produced by Apple yet. The upcoming iPhone 8 is expected to launch in multiple color options like Silver, Space Grey, Gold, Rose Gold, Jet Black all supposed to sell for the same price.
iphone 8 leaks

Factors for High iPhone 8 Price

Factors like the cutting edge-to-edge curved OLED display, camera improvements, new biometric features and the wireless charging are believed to inflate the price since the production cost will increase per unit thus forcing Apple to need to charge more. The 3D Touch components which are in development from scratch, for example, are said to be 150 percent higher than those used in the iPhone 7 and 7 Plus. The curved OLED display screens which are said will cost Apple twice as much as the LCD screens used on current iPhone are also hard to come by in the quantities needed to sustain the iPhone 8 supply to meet the potential demand. This factor alone will lead to Apple rising prices on OLED screen device models since it knows that prices rise when the demand is high and supply constrained.

iphone 8 oled

Many rumors are revolving around the pricing of the iPhone 8 some going to the extent of saying that Apple is facing supply constraints due to the new technology to be integrated into their new iPhone redesign planned for 2017, which will lead to a high price tag. Mock up designs created by developers showing the phone’s touch screen dominating the entire front side of the phone is another factor that has led to high pricing rumors of the iPhone 8. Ming-Chi Kuo a renown KGI Securities analyst who in the past has been providing the right information about Apple believes the OLED iPhone will cost more than $1000. Also, Goldman Sachs analyst Simona Jankowski considers that the iPhone 8 will be available in two capacities that are 128GB and the 256GB, for $999 and $1,099, respectively. Jankowski added that this is not too much of a stretch since the 256GB iPhone 7 Plus currently in the market already sells for $969. However, UBS analyst Steven Milunovich differs with bits of gossip about a premium price, predicting Apple's iPhone 8 valuing will be focused with Samsung's latest Galaxy S8+. Milunovich reasons that Apple will sell the iPhone 8 64GB model for $850 to $900 and $950 to $1,000 for a premium higher-end 256GB model.

Analysts just guess on the iPhone pricing based on revolving reports and stories of radical redesigning of the new devices in development. However, there could be some truth behind the pricing predictions of the iPhone 8, given the abundance of rumors, some of which are from reliable and trusted sources. The iPhone 8 will certainly be more expensive than the current units in the market, so you should start saving up. Still, will it cost over a grand? That will depend on which storage size you choose. The 256GB model of the iPhone 7 Plus in the market is already at $969, and this should be a clear enough hint that a top of the line iPhone 8, is not ridiculous selling for more than $1200. On the other hand, Apple might need to stay competitive for the 64GB model and price it under $900, which would still safeguard the company’s famously high margins.

Factors for High iPhone 8 Price

Apple is starting their iPhone 8 pricing at $1,200 or more, which is substantially higher and almost double the current iPhone 7 prices, will leave many contemplating on whether to upgrade or just settle with the existing units.

Faster performance being one of the qualities of the iPhone 8 and the OLED display will not be enough to entice the non-faithful and old iPhone models users as there are ways of improving the old phone’s performance. Third party applications such as the iMyFone Umate Pro or iMyFone Umate Pro for Mac which supports all iPhone/iPad/iPod models in iOS 7.0 and later can be used to increase speed and performance in old gadgets.

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It is easy to use the app since all you have to do is run Umate Pro > go to 1-click cleanup > scan your iPhone > Click on the “Clean” button, and this will speed up your iPhone.

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