Apple's next-gen iPhone X could cost $1000+

Apple's next generation iPhone is shaping up well, but we still have no idea what it'll be called - with two rumored names right now in iPhone 8 and iPhone X - I'd go with iPhone X, but hey - that's just me.

Now we have Fast Company reporting that the price being "very likely north of $1000" according to a "source with knowledge of Apple's plans". Apple is expected to leap into the arms of a 5.8-inch OLED display, and will "look something like a smooth black monolith, with few visual interruptions to its sleek design" says Fast Company.

Apple is expected to unveil successors to the iPhone 7 and iPhone 7 Plus in the form of the iPhone 7S and iPhone 7S Plus, its yearly tradition - with 4.7- and 5.5-inch displays, respectively. Apple will continue using LCD displays in the 7S and 7S Plus, but the new iPhone 8/X will use a spiffy new OLED display, like its competitors have been using... for years now.

Fast Company's sources say that "Apple has been tying up much of the available OLED display manufacturing capacity in the marketplace at the expense of smaller phone makers. That marketplace is very small. Only Samsung and a couple of Asian upstarts make the OLED displays, our source says, and only Samsung's displays meet Apple's quality requirements".

The new iPhone will reportedly have its Home button removed, and placed underneath the display surface. It would "become a button to touch, not press", with Fast Company's source adding that the technology is still "evolving", with Apple hoping that the iPhone X will become the most feature-rich iPhone ever.