Analyst: lower end, 6.1-inch iPhone for 2018 will cost $700-$800

In a note to clients — as noted by AppleInsider — KGI Securities analyst Ming-Chi Kuo is sticking with his previous prediction that the 2018 iPhones will ship in 5.8- and 6.5-inch sizes in OLED, with a lower-priced ($700-$800) 6.1-inch device coming, as well.

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He believes the latter will have a single rear camera, and an aluminum frame rather than stainless steel. Kuo Kuo says the lower priced smartphone will lack 3D touch, and have 3GB of RAM, as compared to 4GB in the OLED models.

Kuo forecasts that Apple will ship between 80 and 90 million phones after they launch. Of those, he anticipates about 50% to be the 6.1-inch LED model.