How to buy a new smartphone with a small fortune
The latest iPhone, the first since the launch of the iPhone 7, will be available for sale on September 28, Apple said Monday.
The $1,000 iPhone 7 is the cheapest model ever produced by the company.
Its price tag is $999 and the new iPhone 8 is expected to cost $1 to $1.25 million.
The company also announced it would start selling refurbished iPhone 7s, iPhone 7 Plus and iPhone 7 for $699 on Sept. 28, in addition to the $999 model.
Apple said it was also launching a new $100 smartphone for $300 on Sept 28, with the price of a refurbished phone expected to be $300 or less.
The new phones will also be available to buy from resellers, including Best Buy, Target, Amazon and eBay.
Apple also announced the refurbished phones will be shipping within one week.
The iPhone 7 was the first smartphone to feature a high-resolution display and 4G LTE.
The phone was released in June 2018.
Read more about Apple: Associated Press Writer John Vibes contributed to this report.