Costliest iPhone Ever: iPhone 8 to cost upwards of $1000 for featuring OLED display, wireless charging technology, iris scanner

If recent reports are to be believed, Apple’s next device believed to be called iPhone 8 or iPhone X will be its most expensive yet, exceeding the $1,000 (£795) mark for the first time. The price was reportedly leaked to The Fast Company by “a source with knowledge of Apple’s plans”. Apple is celebrating the 10th anniversary of its original iPhone this year.

The iPhone 8 will reportedly sport a 5.8-inch OLED display, which will stretch across the entire face of the smartphone, creating a borderless appearance and larger viewable surface. OLED screens are said to cost considerably more than the LCD panels used in previous iPhones, while an expected memory upgrade would also impact upon the price of the new device, according to the source.

The iPhone 8 will likely be made from stainless steel, with glass panels on both the front and back of the smartphone. The Home Button will be integrated within the display, giving the front of the device the appearance of “a smooth black monolith.” The side buttons may also go away, replaced by touch-sensitive inlays in the metal. The iPhone 8 is expected to have a far bigger battery than the current iPhone 7 lineup, but its exact size remains unclear.

It may also feature 3D-sensing technology, which will bring some sort of facial recognition, better image resolution for the camera app, or some form of augmented reality application. The revamped iPhone 8 will also pack an iris scanner, which would presumably enable iPhone users to unlock their device or use Apple Pay by authenticating with their eyes.

The iPhone 8 is rumored to feature advanced wireless charging technology and improved 3D Touch. Also, the iPhone 8 may be upgraded to an IP68 rating, which means that it can withstand water immersion for over 30 minutes in up to about five feet of water.

The Cupertino giant is also rumored to be launching two other smartphones along with the iPhone 8 – a 4.7-inch (the iPhone 7s) and a 5.5-inch (the iPhone 7s Plus). Both the 5.5-inch model and the 5.8-inch model are believed to be equipped with the same camera used in the iPhone 7 Plus – the dual-lens camera.

While most of the leaks of iPhone 8 are rumors, we recommend you to take these with a pinch of salt, as Apple can change the features and specs in an upcoming phone at any time, even late in the production cycle.

Apple is expected to announce its new smartphones in the fall and begin selling them shortly thereafter, as usual.

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