Apple iPhone 8 pre-booking may start on this date; here’s one reason it would cost a bomb

By: |
Published: September 7, 2017 3:58:52 PM

Apple iPhone 8 pre-orders may start soon after launch, and here's how much the phone could cost you.

Apple, Apple iPhone 8, iphone 8 launch, iphone 8 launch date, iphone 8 sale, iphone 8 pre booking, iphone 8 booking, iPhone 8 OLED, OLED display, iphone 8 price, Apple iPhone 8, Apple iPhone 8 launch, Apple september 12, iphone september 12, iphone 8, apple event, apple launch event, iphone launch date, apple launch event, new iphone, apple oledApple iPhone 8 may pack the OLED display. Know more details.
(Image source: Evan Blass/Twitter)

Apple will be hosting an event in the US next week and it is expected that the iPhone 8 will be unveiled. While we have seen most of the rumours talking about the new features and specifications the new iPhone will support, not much is known about the price and date of sale of the device. Most of the reports have suggested that the tech giant will introduce several innovative new features in the new iPhone, including an OLED display, wireless charging and face recognition software. Meanwhile, latest reports have said that the price of iPhone 8 can reach over a $1000 or even $1200, which in other countries, including India can cost even higher. One of the key reasons for this maybe the OLED display. Additionally, while we know that the event is scheduled on September 12, the iPhone could be available for pre-orders from September 15.

According to Macerkopf, a German website, Apple will begin the pre-orders for the iPhone 8 from September 15. The report quoted sources from network providers. However, the report does not say whether the company itself has communicated the information with the network providers. If we look at the history, it will not be a major surprise since Apple usually opens its iPhones for pre-orders on the Friday following the launch events. The iPhone 7 launch event was hosted in 2016 on September 7, a Wednesday and it opened for pre-booking from September 9, a Friday. The iPhone 7 then went on sale in the US from September 16. This Macerkopf report has said that the iPhone 8 will go on sale from September 22.

Also read | Not iPhone 8, Apple’s next could be iPhone X; new feature involves Siri, know what it is

Meanwhile, regarding the price of the iPhone 7, reports have said that it is going to be quite an expensive smartphone. One of the major reasons for that maybe the OLED display panel. Famous KGI securities analyst Ming-Chi Kuo has said that Apple is paying around $120 to 130 per iPhone just for the OLED display. It is twice the price of what the company had to pay for the LCD screens on iPhone 7 Plus. This information was first spotted by AppleInsider.

Also read | Apple iPhone 8 price in India could be more than Rs 1 lakh, suggests report

Samsung is a dominant player when it comes to OLED screens and experts have suggested that Apple needs to find another supplier for the feature. In fact, a Bloomberg report has said that Apple is in talks with LG for the technology as it has been facing challenges in this area due to Samsung’s upper hand. While the LG OLED devices will take time, if recent reports are to be believed, the iPhone 8 is going to cost you a bomb.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.