{"id":340803,"date":"2017-05-13T01:37:08","date_gmt":"2017-05-12T17:37:08","guid":{"rendered":"https:\/\/www.macrumors.com\/2017\/05\/12\/iphone-8-price-estimate-goldman-sachs\/"},"modified":"2017-05-13T01:37:08","modified_gmt":"2017-05-12T17:37:08","slug":"iphone-8-predicted-to-cost-999-for-128gb-and-1099-for-256gb-with-no-32gb-model","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/iphone-8-predicted-to-cost-999-for-128gb-and-1099-for-256gb-with-no-32gb-model\/","title":{"rendered":"iPhone 8 Predicted to Cost $999 For 128GB And $1,099 For 256GB, With No 32GB Model"},"content":{"rendered":"

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Apple’s so-called “iPhone 8<\/a>” with an OLED display and wireless charging is widely expected to cost in the neighborhood of $1,000<\/a> in the United States, and Wall Street analysts continue to guess just how much it’ll sell for.<\/p>\n

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iPhone 8 concept by Benjamin Geskin<\/a><\/em><\/center>
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\nThe latest prediction comes from Goldman Sachs analyst Simona Jankowski, who today said she expects the rumored high-end iPhone to be available in 128GB and 256GB storage capacities for $999 and $1,099 respectively. Unlike the iPhone 7<\/a>, she doesn’t believe the iPhone 8 will be available in 32GB.<\/p>\n

An excerpt from her research note distributed today:<\/p>\n

Relative to the 128GB iPhone 7 Plus, we estimate the new features and higher commodity prices to increase the bill of materials by over $70, which we expect Apple to offset via a $130 price increase, resulting in a starting price of $999 for the 128GB capacity and $1,099 for the 256GB capacity (we don\u2019t expect the iPhone 8 to come in 32GB).<\/p><\/blockquote>\n

Apple’s most expensive smartphone to date is the iPhone 7 Plus with 256GB of storage, which retails for $969 in the United States.<\/p>\n

UBS analyst Steven Milunovich shared entirely different pricing expectations<\/a> last month, so it’s clear that analysts are simply guesstimating. He thinks the iPhone 8 will come in 64GB and 256GB storage capacities for $850-$900 and $950-$1,000 respectively. His research note didn’t mention 32GB or 128GB models.<\/p>\n

The takeaway here is that the iPhone 8 will likely be very expensive. The device’s exact price tag is likely privy only to Apple at this point, however, so treat any estimate with a healthy dose of skepticism for now.<\/p>\n

Goldman Sachs raised its 12-month price target for Apple’s stock to $170, up from $164, based on strong iPhone 8 expectations.<\/p>\n

Related Roundup: iPhone 8 (2017)<\/a>
Tags: Goldman Sachs<\/a>, Simona Jankowski<\/a> <\/div>\n

Discuss this article<\/a> in our forums<\/p>\n

\n<\/img><\/a> <\/img><\/a>\n<\/div>\n

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