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11th Jul 2017

If you want to buy the next Apple iPhone it’s going to cost you a lot of money

Start counting your pennies.

JOE

You better start saving now.

A man by the name of John Gruber, who is a writer and podcaster, predicted that the gold version of the first Apple Watch would cost almost €8,700 ($10,000) when it would hit stores first.

He was right on the money back then and this time he is back to give his opinion about the newest iPhone and he believes that the more expensive models of the phone could cost you up on €1,300 ($1,500).

The current iPhone 7 costs about €570 for the basic model but Gruber believes that he has a fair idea what the starting price might be for the new Apple product.

In his blog, he said: “$1,500 as a starting price is probably way too high. But I think $1,200 is quite likely as the starting price, with the high-end model at $1,300 or $1,400.”

It may seem like Gruber is just floating numbers off the top of his head but given his track record with guessing Apple product prices before added with the fact that he is a close friend of Phil Schiller, Apple’s Marketing Senior Vice President according to the Business Inside UK, it seems like it could be a very good shout.

Gruber states that: “When supply is constrained and demand is high, prices go higher. The higher prices alleviate demand.”

He believes that Apple isn’t going to shoot themselves in the foot by just releasing one new expensive iPhone and instead, are rumoured to launch two other phones at a more affordable price alongside the higher-priced iPhone.

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