Apple is set to show off its new, eagerly anticipated iPhone 8 for the first time next week — and according to renowned Apple leaker and tipster Benjamin Geskin, it won’t be cheap.
Geskin has posted the prices for the new handset on Twitter, which he reportedly heard from a friend with knowledge of Apple’s plans. Here’s how much Geskin thinks we’ll be shelling out for the new devices:
Prepare your wallets
For the bottom tier 64 GB option, Geskin suggests the price will be $999. From there, it will jump to $1,099 for a 256 GB model, while the top end iPhone will max out at $1,199 for 512 GB. These configurations offer twice the amount of storage at the respective tiers as the current iPhone 7.
In addition, Apple will be releasing slight upgrades to its existing handsets in the form of the iPhone 7s and iPhone 7s. These are likely to be similarly priced to the existing handsets, but offering improved internals.
We first heard that the new iPhone 8 would be around twice as much as the current generation iPhone 7 earlier this year. The new premium price tag reflects the new top-of-the-line components Apple is employing, such as OLED displays and 3D sensing camera, as well as the fact that the strong U.S. dollar has made these components comparatively more expensive.
For all the details concerning Apple’s next generation iPhone 8, check out our preview here.
Would you splash $1,000+ for a new iPhone? Leave your comments below.
Source: Twitter
Luke Dormehl is a U.K.-based journalist and author, with a background working in documentary film for Channel 4 and the BBC. He is the author of The Apple Revolution and The Formula: How Algorithms Solve All Our Problems … and Create More, both published by Penguin/Random House. His tech writing has also appeared in Wired, Fast Company, Techmeme and other publications.
44 responses to “Here’s how much the three tiers of iPhone 8 will cost”
Well, I’m not due for an upgrade anyway, but unless something changes, I’ll soon be priced out of Apple. I love their products, but I can’t pay $1000 for an iPhone.
Way too much money and if true, I will not be upgrading.
First time ever,since iPhone inception.
Reality bites back and when it does leaves no
Apple unscathed.
Nope
$1000 or not, im getting it..
I think I’ll be taking a pass too. I’m an adult now and there’s a certain point in the price point of smartphones, beyond which a purchase feels like a childish decision. I can’t drop that amount on a smartphone and still feel like I’m a grown-up. Besides, there’s so much more value at $1000+ to be had by spending it on something else.
Just because you don’t want to spend that much money on a smartphone doesn’t mean you should belittle those who are willing to do so.
People spend their hard-earned money on whatever they please.
Spending it on the device you use the most isn’t any more ‘childish’ than paying extra for a nicer car, a bigger TV, a pack of cigarettes a day, a slightly better hotel room, a back tattoo, a manucure or any other non-essential product or service that’s available to you.
“I can’t drop that amount on a smartphone and still feel like I’m a grown-up.” Keyword=”I”
God save us all from the under-educated who have difficulty with reading comprehension.
Interesting comment given your screen name lol
English may only be my third language but I think my reading comprehension is decent enough, thank you. So much so that I’m aware of innuendos and double entendres, both of which seem to be used in your comment.
You don’t need to call anyone out in order to criticize them, just like you don’t need to use anything else than the first person to pass judgment. Just use derogatory terms like ‘childish’.
“I can’t start smoking without feeling like an idiot who wastes money on something that’ll kill him.”
“I couldn’t do that and still be able to look in the mirror.”
“I can’t drop that amount on a smartphone and still feel like I’m a grown-up.”
All of these statements are constructed the same way. None of them uses anything else than the first person as a subject, and yet they all pass judgment on a third party.
What’s more, looking at your comments history, you don’t seem to be reluctant when it comes to passing judgment, especially when it comes to pretty much everything Apple has done under Tim Cook (seriously, it looks like putting his name in a headline is enough to summon your wrath). The pricing of that new iPhone is just another point of frustration for you.
Look, you don’t want that iPhone to be so expensive, we get it. And no one’s gonna disagree with you on that. But how is spending an extra $300 on the single most important device in your life, the one that records your most precious memories and connects you to the world and is in many ways an extension of yourself, a childish decision?
That’s right, it’s all about YOU!
I knew it!
“single most important device in your life”………….no it isn’t. That would be my car.
No where in his reply did he belittle anyone. He used words like “I” and “I am”.
And who do you think are buying iPhones ? For some people it’s their do-it-all device. Kind of like buying a car, house etc. Most people have a “good enough” point of inflection. Your’s is apparently sub $1,000. I’ll buy one because I like having the latest and greatest.
Only way I’ll get it is via jump. And that’s only because I will only pay about a year worth of installments before moving on. Now if I had to buy it outright, I’d keep this older phone a little longer
Agreed…what people seem to be forgetting is that with Jump (and similar programs), you’re only paying half of the phone. $1000? Maybe not. $500? Much easier to swallow.
Been supporting Apple since the ‘00’s and it’s a shame they have priced me out after supporting them all this time.
No, I will not be ponying up a grand for a phone that will be rendered useless after a few years and software updates.
-JJS
I have no reason to doubt or anyone else in this thread that shares your view. That said I’ve known several people that say basically the same thing after every new iphone reveal. And yet they end up buying it.
No, probably won’t spend that much; first and foremost, I’d have to buy two, one for me and one for my wife…so that’s TWO GRAND+….and we are both retired on fixed incomes so there does come a point wen escalating prices on any goods or services escalate out of a sensible price range for us.
Archie, neither you and I (also retired) are the target market for the iPhone and the unending parade of “better” replacements. The true test is when my 28 year old daughter says, “No, I think I will pass, that is just too much.” And that is what she said about an 8…. I was shocked… lol
The media is really blowing this price increase non issue out of proportion. If the phone is priced at the estimates being published compared to last year’s phone it amounts to maybe a $5/month increase on the installment plan where they can trade in their phone each year (that most subscribers are purchasing the phone with). The question is if $5 more a month is going to break the bank? If so, they shouldn’t be focusing on a new iPhone.
ah yeah, the “car salesman” approach: “don’t think of the total cost, just think of the monthly payment”
Unfortunately, a smart phone is very much like a car in the regard that most consumers consider them a necessity, new models are introduced every year with new bells and whistles and there are many makes and models. Even more similar are the price increases that are added upon each new model year. Just like a car, some models are priced outside of some consumer’s reach and they are forced to buy used or lower their standard for what they are willing or able to purchase. So the “car salesman” approach is and will be the standard operating procedure that the phone carriers will be using which most people probably didn’t realize when the 2 year contracts went away with the free subsidized phones. There will be the people buying the last generation of phones at a discount just as car dealers are clearing out the 2017’s to make room for the 2018’s and there will be people happy with their current model phone and keep them for years until they “break down” and are forced to upgrade.
My Verizon bill shows a monthly payment of $35.83 for my one year+ older 6S. The 8 comes in at $40 and change, an increase of about $5/month.
My wife’s iPhone 6S (exactly the same as mine) just recently purchased is billed at $27/month. That would be a $13/month bump which would require more scrutiny on my part. This price is currently $22/month with carrier financing.
Yeah, I bought the iPhone 7 Plus 256GB. It’s almost $1K. I never used more than 128GB, so I could drop to the 128GB iPhone 8 and that would be $130/24=$5.40 more?
Things might be different if I was paying outright or starting a new financing, but I did the math on what I pay for phones, resale value, frequency of upgrade, and determined I might as well be on the upgrade program and just trade in annually.
Plus, if I do annual trade-in, I don’t necessarily have to get AppleCare+ for that second year of warranty and just handle broken screens (if I have one) out of pocket.
I got lucky and Verizon gave me $650 trade-in credit on a two year old iPhone 6 toward the 7 Plus otherwise I’d have waited until this year to upgrade.
So if people wait until Black Friday, they may see promos that help defer the cost. Don’t buy day one.
Just wondering? Not critique anyones decision 1 way or the other, but! Why would anyone purchase a $2,000+ mac pro over a comprable $1,000 or less pc? The issues seem similiar. That said, I know the iPhone is over priced, but I will contradict myself a bit and say I’ll buy it. I think we all pick 1 or more things in life we will irrattionally over pay for, and this is it for me. Plus I can make payments via my carrier, so the illussion of not over paying comforts me, when I’m only paying $35-40 a month. Still that much for a phone is a bit much and this price scheme may backfire on Apple, or not. If my contract weren’t up I wouldn’t do it.
Unless the components mentioned are made in the US, the strong dollar should cause the price to go down.
If you think $1000 is too much for a phone it’s OK. You can always buy the 7S or some other lower tier model.
I skipped the 7 and will definitely be upgrading from my 6S Plus 128 GB to the 8, 512 GB. The thing is, this is well beyond a phone at this point and my use of the device will be comparable to a laptop. Especially with the storage boosted like this (something I’ve been wanting for 5+ years) I’ll be able to do more video and photo production than ever and avoid (in many cases, not all) carrying an iPad or even a full-sized laptop. This is a pocket computer and portable HD video/still camera with audio recording that lets me produce more than enough material to easily justify the cost. Compare the power of this device with the original so-called portable computer by Olivetti.
iPhone 9 then for 1,300?
Ill be skipping the 8 but only because my 2 year cycle is up in 2018. Once i sell off my Jet black 7+, ill use the money to pay down my next 1099 purchase. So it wont be so bad. Besides, the 8s or 9 will have the features the 8 could not ship with.
A different rumor I read was that the $999 would start at 128GB which makes a bug difference in pricing ($130 more)
From everything I’ve read including connected people like Renee Ritchie and Gruber, the base model will be 64GB ($999 model)
We currently have OLD iPhones. When we bought those, they were not that cheap, but nowhere even remotely close to this pricing. I guess Apple believes their base is wealthy, or they just do not want to sell $300-$400 products. At this point, we will most likely get a simple phone, as we have exceptional internet access at home, and are really just not on the road that much.
Apple never has targeted the low end market and I don’t see that changing (Even with Timmy at the helm). However in the price range you listed you can probably get an iPhone 6s or 7 off places like eBay or Swappa
The Dollar has not been relatively strong. It has been down for months. That is a BS reason for Apple’s pricing.
I’ll most definitely be trading in my iPhone 7 plus for the 8 on my Verizon upgrade program. I’ll be doing it in Nov or Dec, though at my 1 year upgrade date. I want to see if poeople seem to think it’s “worth it.”
I always believe. ” you get what you pay for.” Quality matters, cost a factor.
I have been an apple fan and user for quite a while but no more. After my current iPhone dies I might get an android Samsung or LG. They make great phones and cheaper than iPhones. The most annoying thing is the 7s and 7s plus will have same ugly bezels as current lineup of iPhones. Why can’t apple remove those bezels and put an Oled screen on them? To get these features we will have to pay 1000 dollars for a premium phone. I don’t know if LG V30 will cost less than iPhone 7s. I may get a LG V30 then. For example: currently the price of iPhone 6 is equal to the price of Samsung S7 which was released 1.5 years after the iPhone with excellent display, camera and what not. So apple rips you off with high price all the time. iOS and android are different experiences but android is also powerful and feature packed OS. I won’t mind getting an android now. For a lot less money, there will be a mobile better than the expensive iPhones in almost every aspects. Apple is a business like Samsung or LG but it’s a cheat not to give the customers what they pay for. Apple’s intentions are ugly.
I’m still unclear, will there be a plus version? or is that not until next year? If the plus version is $1,800 bucks, I might be holding off indefinitely…
NO! Same answer if I was buying an Android.
Thought the US dollar was sucking against other currencies because Trump was pissing everyone off with his policies.
Probably will move over to a Samsung if the price is to outrageous
Way too expensive!