Apple iPhone will carry a price tag of $999: report
The upcoming iPhone will cost almost $350 more than the standard iPhone available today.
A month before Apple’s 10th anniversary event for the iPhone, a report from The New York Times, citing sources, has appeared claiming “the premium model will be priced at around $999”, almost $350 more than the standard iPhone available today.
Apple is set to announce three new iPhone models – a premium model named iPhone 8 and two upgraded iPhone 7 models – iPhone 7s and iPhone 7s Plus. Among the three, iPhone 8 will reportedly cost around $999 (approximately Rs 64,000), while the price details of the rest are yet not sure.
This isn’t the first time when a $1000 price tag has been speculated for the upcoming iPhone. Earlier, JP Morgan’s Apple Analyst Rod Hall said that the average selling price of iPhone 8 will be increased by $100 (approx. Rs 6,443), costing about $1100 (approx. Rs 70.873). Before that, John Grubber, an Apple blogger, suggested the model would cost $1,200 (approx. Rs 77,332) for the entry-level version.
The iPhone 8 is expected to hit stores in October, a month later its official announcement.