Key facts
- New iPhone 8 contract costs could reach £1,500 over two years.
- Upfront cost for the iPhone 8 is expected to be £1,000.
- Around two-thirds of UK consumers buy phones on contract.
iPhone 8 contract costs could reach £1,500, analyst says
IN SHORT
Most people in the UK buying the new iPhone 8 on contract will end up paying around £1,500 over two years, according to an analyst. The device itself is expected to cost £1,000 upfront.
Key Numbers
£1,500potential cost of iPhone 8 on a two-year contract
£1,000expected upfront cost of iPhone 8
66%proportion of UK consumers buying phones on contract
£170extra cost for iPhone handset on contract over two years
£1,140potential extra cost for SIM-only part of contract over four years
Who's Involved
Apple
set to launch its most expensive iPhone model yet, the iPhone 8
Ben Wood
research lead at CCS Insight, who calculated contract costs
↳ Why This Matters
Consumers considering purchasing the new iPhone 8 on contract may face significantly higher costs than the initial device price, potentially costing them an extra £500 over two years.