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$1,200 for an iPhone? Some estimates say it's possible

$1,200 for an iPhone? Some estimates say it's possible
Posted at 3:42 PM, Jul 10, 2017
and last updated 2017-07-10 11:45:41-04

(CNN) - The newest iPhone could cost a pretty penny.

Technology buffs are estimating the iPhone 8 may cost $1,200 or more.

Some say the high price tag will be worth it, but others compare it to the less expensive iPhone 7 that starts at $649.

Among other rumors is the phone's design. Developers have created mock-ups of the phone's touch screen dominating the entire front side of the phone, a trend consistent with its competitors.

The redesigned iPhone is expected to launch this fall to mark the device's 10th anniversary.

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