Apple reportedly planning $999 price for new iPhone

Apple’s redesigned iPhone is going to be an expensive one. According to The New York Times, the nearly bezel-free iPhone we’ve been hearing about for the last several months will sell for “around $999,” about $350 more than the standard iPhone does today.

Next month, Apple is expected to introduce three new iPhones. Two will be slightly redesigned and updated versions of the iPhone 7, and one will be this high-end iPhone with a brand new design and a nearly full-screen display. There had been speculation before now that this iPhone would be at least $1,000: for one, Apple would need to charge more than $769, the price of the Plus-sized iPhone; and two, there’s been some assumption that Apple will want to depress sales a bit so that it can better manage supply. But this is the first time a price has actually been reported.

The Times report also confirms that the new phone will include wireless charging and facial recognition. A lot of details about the phone have leaked through firmware that Apple accidentally released last month. It largely confirmed the look of the device, suggested it would have an even higher resolution display, and hinted at the lack of a home button.

Read the original article on nytimes