Forecast prices for the 2018 iPhone release show a drop in prices with the smallest model to start at US$700 according to analysts at RBC.

Apple insider and KGI analyst Ming-Chi Kuo says Apple will be releasing three new devices this year, a 6.1 inch LCD device, a 5.8 inch OLED device and 6.5 inch OLED device.

The cheapest of the three will be the LCD device to be around US$700 with the 5.8 inch OLED (iPhone X) to be US$899 and the iPhone X Plus, 6.5 inch OLED model to be priced around US$999.

 

This could be a move to gain back some of the customers Apple lost from pricing the iPhone X at $1,579.

For its second quarter, Apple’s iPhone sales dropped compared to the prior year with some commenting the price was putting consumers off.

Only time will tell if these prices are correct so watch this space.

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