iPhone 8 will be far more expensive than any before it, costing more than $1,000, report claims

The new iPhone is going to bring with it some of the biggest advancements ever made. But most people won't actually be able to get it. The iPhone 8 – or, as some people are referring to it, the iPhone X – is likely also to be the most expensive ever to go on sale, according to new reports. It's expected to be released by Apple later this year. The phone could cost more than $1,000, according to a new report from Fast Company.