iPhone 8 might be the first mainstream phone to cross the $1,000 mark

Apple's anniversary edition iPhone 8 smartphone may be released in October or November of this year, the report from Digitimes. Apple has chosen to release iPhone products during the month of September for the past years.

Economic daily news added, " the technical issues related to the new design of the iPhone 8 have led to production delays as suppliers are experiencing difficulty developing the device's curved OLED panels and implementing the new 3D sensing front camera system". The price point would be similar to Samsung's new Galaxy S8+, which starts at $840 to $850.

According to the report, the iPhone 8 will start at between $850 and $900, while 256GB model would be sold for $950 to $1000.

Steven Milunovich said the flagship iPhone also believes the 5.8-inch device will be competing at a screen size defeat compared to the 6.-inch Galaxy S8+. His latest research note obtained by: "Contrary to some perceptions, Apple priced quite competitively. Apple likes to position its entry-level products at the mid-market with "Pro/Plus" products close to competitors at the high end. Therefore, we do not think Apple will stray far from the price point of Samsung's most expensive model at $840-850 and will keep the entry OLED model at $850-900. Apple's 256GB OLED model could be $950-1,000, but the 256GB 7 Plus already is $970".

The research cities UBS Asia hardware analyst Arthur Hsieh, who estimates the factory costs of the next flagship iPhone could be between $70 and $90 higher than iPhone 7 Plus, which starts at $769.

The new iPhone 8 is almost similar to many features including wireless charging, no physical home button, waterproofing, 3D face recognition, and iris Scanner. Apple is expected to offer three iPhone this year with one of te model to feature an OLED display.

The upcoming iPhone 8 feature to come with an edge-to-edge OLED display with a narrow bezel, similar to Galaxy S8.