Later this year, Apple (NASDAQ: AAPL) is expected to launch not just two, but three new flagship smartphones. Two are believed to be enhanced versions of the iPhone 7 and iPhone 7 Plus smartphones that are currently in the market, and the third is expected to be a "premium" model with a whole host of unique features such as a full-face OLED display, 3D sensing, and perhaps much more.
The only reason that Apple is going to be able to offer that so-called premium model is that the base model is said to start at $999 -- $350 more than the base model of the iPhone 7, and $230 more than the base model of the larger, more feature-filled iPhone 7 Plus.
Image source: Apple.
Source: Fool.com