This Is How Much The iPhone 8 Will Cost You

Is it more of a phone, a camera, or a computer? Apple's latest launch sets the bar high — not just where capabilities are concerned but where the price sits, as well. So how much is the iPhone 8? Costs were expected to be $700 for the iPhone 8 and iPhone 8 Plus, and they aren't even the most expensive phone in the line.

At Tuesday's Apple Event unveiling, it was revealed that the iPhone 8 and 8 Plus will cost $699 and $799 respectively, with increasing costs depending on whether customers go for 64GB or 256GB of storage. So at the very least, you'll pay $700 for it before tax and all of that.

But, the so-called iPhone X (pronounced "ten," in honor of the 10th anniversary of the very first generation of iPhone) runs a whopping $999. If you're ready to drop that kind of cash for a phone, it's likely that your laptop and DSLR camera won't get an update for awhile, so let's hope Apple brought its A-game as far as processing and image quality are concerned. The new models promise to live up to these expectations, but it'll be some time before consumers know for sure.

The iPhone 8 appears to be a new redesign of the iPhone 7 and 7 Plus. In fact, CNET dubbed the phones "nearly identical" in appearance, given that their sizes and displays match exactly. So what does the iPhone 8 have to offer that its predecessor does not? Faster processors and improved cameras and displays, for one, along with a glass back that enables wireless charging. Many are pointing out, though, that a glass back might lead to shattering, making the purchase a little riskier.

In addition to these updates, the iPhone 8's augmented reality capabilities have been strengthened, too, with "new motion sensors to better support applications," share Brian X. Chen and Vindu Goel of The New York Times. If your kids love to play with apps that "digitally manipulate the physical world when people look through a smartphone lens," the two explained, then they'll probably jump at the change to play with an iPhone 8. Just make sure it's under proper supervision of course (it's got a glass back, remember).

TechCrunch reported that the iPhone 8 comes in a multiple colors, including "silver, space grey and a new gold finish that looks like a mix between gold and rose gold," so there are plenty of options in selecting the right fit and look of phone. With a minimum price tag of $700, it's nice to have choices. Unfortunately, you can't say the same for the iPhone X, which comes in space gray and silver only.

How else do the iPhone 8 and iPhone X differ? The iPhone X ditches the classic home screen button and fingerprint recognition to go for full-out facial recognition instead. Thus, the entire screen in one uninterrupted plane. Seems like Apple took a page out of Samsung's book from a design perspective.

Really, $700 is a lot of money for a phone, which is likely why Apple has highlighted the iPhone 8's video, camera, and processing abilities. But will consumers really shell out that much to get a few tech upgrades? For many, buying an iPhone upgrade is an aesthetic or status choice; if a new phone looks no different from the one you already have, then why buy it? Twitter users have indicated that the price, albeit steep, seems worth it:

Others expressed frustration, however:

Pre-orders for the iPhone 8 will start Sept. 15 and the iPhone 8 will be released on Sept. 22. The iPhone X will be released on Nov. 3.

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