“In the last few weeks, I’ve fielded numerous calls about rumors that an OLED iPhone will cost well over $1,000. While this might seem excessive, it’s really just basic supply and demand,” Tim Bajarin writes for PC Magazine. “It seems that media types inquiring about this subject either did not take economics in school or are just not seeing the big picture.”

“OLED displays are in high demand and short supply,” Bajarin writes. “That means that OLED displays, if Apple can get them, will initially be quite costly. Suppliers I have talked to in Asia say the actual cost of a 5.7-inch OLED panel today is somewhere between $230 and $280, depending on quantity and availability.”

Read more in the full article here.

MacDailyNews Take: And Apple will sell as many as they can possibly make!

SEE ALSO:
How much will the new iPhone cost? – July 31, 2017
Get ready for Apple’s $1,400 iPhone – July 18, 2017
Apple took 83% of smartphone market profits in calendar first quarter – May 16, 2017
Apple’s Tenth Anniversary iPhone will likely cost more than $1,000, source says – February 8, 2017
Goldman: Apple’s next iPhone will break the $1,000 barrier and send the stock soaring – May 12, 2017