iPhone 8 Will Cost More than a Thousand Dollars - Report

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The iPhone 8 will be an expensive piece of technology, and earlier reports have indicated that even the base model could cost more than $1,000.

And now information provided by Apple watcher John Gruber provides us with a closer look at how much the iPhone 8 could cost later this year when it hits the market, with the most affordable version to actually have a price tag of at least $1,200.

And that’s the more optimistic figure, as Gruber said the iPhone 8 with 64GB storage could also be priced at $1,249, depending on stock at the time of launch. Apple is believed to be facing production issues due to reduced OLED supply, and the company could unveil the iPhone 8 with limited stock.