Report: iPhone 8 Could Cost Over $1,000

MINNEAPOLIS (WCCO) – For those that can't wait to get their hands on new phones the second they are released, there is good news.

It sounds like major iPhone upgrades are in the works at Apple.

But, the device could be costly.

The new tenth-anniversary iPhone 8 will reportedly have wireless charging and a bigger screen. But a report by KGI securities says that means a price hike.

In fact, the new iPhone could cost more than $1,000.