Recently, a news or let’s say a rumor is doing rounds on the social media about Apple’s iPhone 8. It is believed that this premium phone will be launched alongside iPhone 7S and iPhone 7S Plus and it will be priced at a starting price of $1000. The price is considerably more for a smartphone when compared with an entry price of $649 of an iPhone 7.

According to Fast Company, iPhone 8, which is due to be launched on Apple’s 10th anniversary will feature following specifications:

  • Internal storage of 128 GB
  • A 5.8-inch OLED display,
  • Wireless charging,
  • All-glass design,
  • Home button inbuilt in screen, and
  • 3D sensor technology for augmented reality features.

The aura of ‘S’ models

Considering that this model is to be launched alongside 7S and 7S Plus, these specs seem to have come out directly from a fanboy’s notebook. If iPhone 8 really features these specs, then 7S and 7S Plus will be just boring updates. iPhone users expect much more from ‘S’ iPhones. Apple has clearly laid out its strategy of keeping its exclusive features to larger models, which is evident from the specs of iPhone 7S and 7S Plus.

iPhone 7S Plus comes with

  • Dual cameras that provide better zoom,
  • Depth effect,
  • More battery life and
  • 3 GB RAM.

Compared to these specs, iPhone 7 has

  • Single lens,
  • 2 GB of RAM
  • Comparatively lesser battery life.

A 5.8-inch screen?

As the rumor is doing rounds that iPhone 8 will be having a 5.8-inch screen, Apple is going to make the feature gap even wider forcing users who prefer smaller form factor to get the larger device.

The Price Factor

Even if we ignore all these features and only focus on the price of these devices, then I can come to really strong conclusions. Presently, iPhone 7 Plus with 128 GB storage comes at $869 which is $130 lesser than the rumored price of $999. With these extra $130, you are getting a bigger screen and with some awesome features.

Just $5 more needed per month

Considering that you pay monthly installments for 24 months, there will be a difference of around $5 per month. This is not so bad considering the rumored features of iPhone 8. As of now, what we can do as users is to wait till the launch and see what comes out of the magical box of Apple Inc.