In this week's iPhone news, Apple may've fueled a thousand-dollar-phone trend that could continue to drive up the price of flagship phones across the board. Also: A virus hits one of Apple's main chip makers, raising concerns about production delays, and we look at how Apple could be planning to transform your iPhone into a passport and ID card.
The thousand-dollar iPhone X could be the new normal
With a base price of $999, the iPhone X set the record for the most expensive iPhone ever, but that clearly hasn't stopped consumers from snatching it up. Despite the skeptics who doubted whether it would sell as well, the 10th anniversary iPhone has been Apple's best seller each week since it went on sale Nov. 3.
At this rate, why wouldn't Apple apply the same business model to the 2018 iPhone lineup? We're expecting at least one of the three rumored iPhones to share the same price tag.
And it looks like the competition has already taken note. Samsung's newly released Galaxy Note 9 is also priced at $999, a $50 increase over last year's Note 8.
Even "value" darling OnePlus (as CNET editor Jessica Dolcourt calls it) signals that price hikes are here to stay. In addition to rising prices for components, companies like Apple and Samsung are seeking higher profit margins per unit to compensate for the fact that people aren't trading up their phones as frequently as before, Jessica's article says.
Virus at iPhone chip factory
Taiwan Semiconductor Manufacturing Co. (TSMC), aka the company reportedly making the A12 chip for the 2018 iPhones, was hit by a virus on Aug. 3 that shut down production over the weekend, according to a Bloomberg report.