New Apple iPhone will be very expensive.

New Apple iPhone will be very expensive.
The iPhone 8 is set to launch later this summer – but the latest report from a prominent analyst suggests it could be very expensive.

The feverishly-anticipated smartphone is expected to include a new industrial design, augmented reality features, wireless charging and more.

There are still a number of unknowns around the hotly-anticipated smartphone – not least, the price.

UBS analyst Steven Milunovich has set-out his predictions for the next-generation iPhone.

According to his sources, Milunovich has determined the Apple iPhone 8 will start at $1070 and top-out around $1,370.

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