IPhone 8 Expensive Price Might Be Due To Samsung's OLED Monopoly

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Apple is expected to bring iPhone 8 to India in October, possibly ahead of Diwali on October 19. 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.

"Such pricing is not entirely outlandish, given Samsung's recent launch of the Galaxy Note 8 that has a starting price tag of $960 up from $850 for the Galaxy Note 7 a year ago", he said. Samsung and Apple are competing like insane to sell more smartphones around the world.

Apple has sent out invitations to the media for its September 12 event where it is expected to unveil the 10th anniversary iPhone along with a new Apple Watch and Apple TV. First, Apple needs OLED displays more than ever before.

Before the high-decibel launch on September 12, here's a primer on everything we know of the phone so far. That's why Apple can compensate the bigger display with OLED technology. He added that Apple will definitely need a second supplier for OLED, but "diversity in the supply chain will take time". But if shortages of the new phone extend beyond the initial sales period, which is expected to begin September 22, analysts and investors could dial back their projections for sales in the crucial holiday period.

Apple's iPhone 7 and iPhone 6s are still extremely capable smartphones. It may also just be an alternate naming scheme for the color option as well.

In a tweet, Benjamin Geskin laid out the pricing structure for the iPhone 8. The handset is also expected to come with 3GB of RAM and storage could range from 64GB up to 512GB. The iPhone 7 and 7 Plus retained the megapixel count, with the larger sibling sporting two 12MP sensors for its dual rear camera setup.

Earlier this summer, Apple announced it's Siri-powered smart home speaker the HomePod, and it stands to reason that more information about the device will also be offered at the event.

The iPhone 7 and iPhone 6s might be tempting but you should refrain from buying a new iPhone right now. That product positioning will determine whether consumers decide to pay extra for high-end models or opt to pay less to get a lower-priced model. Whether it is going to call iPhone 8 or iPhone X or iPhone Edition, there is no doubt that this iPhone is going to be a special one. The iPhone 8 or iPhone Edition is said to cost around $1000, in part due to more expensive components.

"Potentially the best indication of initial supply that we will get from the company is the geographic rollout schedule", Sacconaghi said.

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