How Apple Inc. Can Justify a $1,200 iPhone X in 2018

Next year, Apple (NASDAQ: AAPL) is expected to launch three new flagship iPhones. The lowest end of the bunch is expected to be a version with a six-inch liquid crystal display (LCD), while the mid-range one should be a direct successor to this year's iPhone X, with a 5.85-inch organic light-emitting diode (OLED) display. The highest-end model is expected to come with a gargantuan 6.46-inch OLED display.

Image source: Apple.

Source: Fool.com