iPhone 8 Estimated to Start at $870, Cost Up to $1070

iPhone 8 Estimated to Start at $870, Cost Up to $1070

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UBS analyst Steven Milunovich believes the iPhone 8 will start at $870 and cost as much as $1070 with maxed out storage, reports Business Insider.

In a note distributed to clients on Monday, Milunovich said that despite rumors of the iPhone costing over $1000, that would be the high-end price not the starting one. He also forecasted that the iPhone 8 would make up 45% of sales next year.

"Assuming that the OLED model constitutes 45% of sales, we estimate the [iPhone average selling price] could be $730 ($783 bull, $664 bear)," Milunovich wrote.

UBS has rated Apple as a 'buy' with an increased price target of $170.

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iPhone 8 Estimated to Start at $870, Cost Up to $1070
[Alleged Specs]
Piggy - May 23, 2017 at 9:28pm
Piggy
Shawn - May 23, 2017 at 12:17pm
So with a quarter of a trillion dollars of cash in the bank this company is so greedy that it just wants more and more from the consumer. This is how the customer is rewarded. Unbelievable!
tom2323 - May 23, 2017 at 1:54pm
Nobody is forcing you to buy anything. There is nothing 'greedy' at all about offering a product that people want.
Chip - May 23, 2017 at 8:48am
So now what? 5.5 will also have 3gigs why not make it 5gigs? Also didn't they say the 8 will not be in 5.5 size.
Vida - May 23, 2017 at 5:59am
It has always been around the same, where have you been?
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