iPhone 8 could cost $1,000 after all

Components for the so-called iPhone 8 cost considerably more than those found inside its predecessor, reveals a new report published by China’s Economic Daily News, strengthening claims that the handset will come with a $1,000 price tag.

Specifically, the report notes that Apple has commissioned TPK Holdings to produce 3D Touch modules for the iPhone 8, which is rumored to ship with an OLED display, for $18-22 per unit, 150 percent more than the comparable module for the LCD iPhone 7.

Unfortunately, the article doesn’t mention the cost of the other components required to build the iPhone 8, but if Apple’s spending big bucks on minor internals like a 3D Touch module, we can expect it follow suit with the major things.

An edge-to-edge screen, 3D facial recognition technology and more!

The iPhone 8 certainly sounds like it’s shaping up to be Apple’s most impressive smartphone to date. All signs point towards it packing an edge-to-edge screen, an A11 processor, 3D facial recognition technology, a vertically-positioned dual-lens camera and a glass body.

We’re excited. Are you?

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