There’s A New iPhone 8 Price Prediction And It’ll Cost Way More Than Your Rent

There’s A New iPhone 8 Price Prediction And It’ll Cost Way More Than Your Rent

A few months ago, we enlightened you about how much the highly-anticipated iPhone 8 might cost and the rumoredprice made our wallets cry a little bit.

In case you didnt hear about the heartbreak, Ill refresh your memory.

According toKGI Securities Ming-Chi Kuo, Apples newest release was initially predictedto cost at least $1,000.

Yeah, I know. Thats of money but it only gets worse from here, my friends.

Lets just say the newest price prediction for the iPhone weve been obsessing over for months will crush your Apple dreams until you hit the lottery.

Based off new rumors, the iPhone 8 might cost more than the rent you pay each month for your college dorm room, or even your tiny studio apartment in New York City.

Before we drop the price, keep in mind the new cost predictions were based off two models of the iPhone 8 and differ depending on storage capacities of the phone.

iDropNews

Simona Jankowski, aGoldman Sachs analyst, predicted the iPhone 8 will be available in 128 GB for $999 and 256 GB for $1,099. She believes the iPhone 8 will not be available in 32 GB, MacRumors reports.

Yup. An iPhone 8 with maximum storage might cost well over a grand and if the rumors are true, we can kiss our savings goodbye when the big release comes.

Apparently, a note fromJankowskis research was distributed, and it says,

Relative to the 128 GB iPhone 7 Plus, we estimate the new features and higher commodity prices to increase the bill of materials by over $70, which we expect Apple to offset via a $130 price increase, resulting in a starting price of $999 for the 128 GB capacity and $1,099 for the 256 GB capacity (we dont expect the iPhone 8 to come in 32 GB).

Right now, the most expensive iPhone to date is the iPhone 7 Plus with 256 GB of storage. It costs $969 in the United States, MacRumors reports.

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Well, if the newest rumors are true, we better start saving ASAP for the iPhone 8 because this going to be a cheap one.

However, based off the cool features its predicted to have, Im sure the price will be worth it.

Read more: http://elitedaily.com/news/theres-new-iphone-8-price-prediction-itll-cost-way-rent/1912463/

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