Apple iPhone 8 sized up against the iPhone 7s and 7s Plus

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Samsung tried and failed with the feature on the Galaxy S8 but its highly unlikely that Apple will also place the sensor for its special iPhone at the back.

Because of the iPhone 8's large display and thin bezels, there'd be no room for the Touch ID fingerprint technology on the front. Leaks, rumours, renders and mock-ups have been flying all over the net with new ones popping up every second day. If a recent Morgan Stanley report is any indication, the alleged production problems with the iPhone 8 components are rather inaccurate. Currently, the iPhone 8 is rumored to cost $999 for the 128GB version and $1,099 for the 256GB variant. Also, they know how much it costs to manufacture the new model. In addition, only 5.15-inches of the iPhone 8 display is believed to be active; the rest is supposed to be used for a virtual Touch ID button that will be embedded in the display.

Apple follows a tick-tock update cycle with their iPhones. Goldman Sachs analyst, Simona Jankowski suggests that the new 5.8 " OLED screen will cost Apple $35 more. The two are expected to only have some incremental upgrades from the iPhone 7 and 7 Plus.

Looking at the pricing above, the iPhone 8's pricier retail price doesn't seem outlandish. The 10th-anniversary model, iPhone 8, will sport an entirely new design.

Another point worth noting is that the camera module on the iPhone 8 is placed vertically, which is again in line with some of the leaks we have come across lately. The iPhone 7 Plus's camera bump sadly looks set to stay. However, the iPhone 8 is seen sporting a vertical dual camera setup, testifying to previous rumours.

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According to the report, touch panel manufacturer TPK Holdings and General Interface Solution (GIS) gave Apple a quote of $18-$22 for each OLED 3D Touch component and the iPhone manufacturer has accepted. This might be the reason why Apple acquired a small Israeli startup called LinX a few months ago which basically specialises in 3D imaging.

The iPhone 8 will have the front and rear panels made out of glass. We suspect that's simply to fit a similar rear camera system to that now found on the iPhone 7 Plus yet in a smaller body.

The Apple iPhone 8 is rumored to feature a sleek new redesign with an edge-to-edge screen display. The True Tone display changes its hue and color temperature depending on the atmosphere.

For as popular as the iPhone already is, Apple's iconic smartphone will take things to the next level once the iPhone 8 is released later this year. As to why the iPhone 8 could cost so much, Forbes reports that it might have something to do with the costs to actually make it.

The rumor mill, Wall Street, and Apple fans are nearly certain that the Cupertino company would release three iPhones this September.