Apple’s 10th anniversary iPhone could cost over $1,000

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Apple is expected to debut an ultra high-end version of the iPhone alongside its next scheduled update to mark its 10 years of metal and glass slabs.

According to a report from Fast Company, Tim Cook and company will likely roll out three new phones this year: the incremental iPhone 7S in the 4.7-inch and 5.5-inch sizes, as well as a slightly larger, even more expensive 5.8-inch iPhone 8 with an edgeless OLED display and a few completely new features.

To really play up the 10th anniversary bit, Apple may even call the new flagship model the “iPhone X,” and the price is expected to shoot up past the $1,000 mark. That’s not too far-fetched by Apple’s standards, considering a maxed-out iPhone 7 Plus already costs $969 unlocked. We’ve heard rumors of an OLED iPhone before, but Fast Company‘s sources seem to confirm its existence.

They higher-end screen alone is expected to cost Apple twice as much as the LCD displays it currently uses and with only Samsung’s OLEDs meeting Apple’s strict tolerances, the company is reportedly hogging up manufacturing capacity as well.

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