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Price of smartphones rising? Samsung Galaxy S8 may cost over $1K as well

Price of smartphones rising? Samsung Galaxy S8 may cost over $1K as well
© Domen Colja S.p. | Dreamstime.com

Have you been paying attention to the unlimited data plans war between the four main U.S. mobile providers? Verizon got things started last week when it announced it was bringing back an unlimited data plan option that hadn't been offered to new customers since 2011. That led to the other providers making changes to their plans as well.

Click here to read a complete breakdown of what each provider is offering. That's the good news. The bad news is, customers might need these savings to counteract the rising costs of smartphones.

We recently told you that Apple's iPhone 8 might cost more than $1,000. Now, Samsung is coming out with its own smartphone that might hit the $1,000 mark.

Samsung's Galaxy S8 rumors

Rumors are circulating that the Samsung Galaxy S8 and S8 Plus will be priced starting at $950 and $1,050, respectively. This would be on par with the cost of the upcoming iPhone 8.

Some might be surprised at these hefty price tags from Samsung. Mainly because it's the company's first major smartphone release since the exploding battery issues that killed the Galaxy Note 7.

Customers are hoping upgrades to Samsung's phone will justify the price increase. Here are some features that are rumored to be available on the S8 and S8 Plus.

  • QHD (Quad High Definition) bezel-free display - An image was found in Samsung's Galaxy S7 Secure Folder app showing the S8 with nearly no bezel. This means the front surface could be all display, without space taken up by a frame.
  • Fingerprint-sensing display.
  • Dual-lens camera.
  • Color options - Both models will be available in black, gold and orchid gray.

Image: Samsung Galaxy S8 (Source: VenyaGeskin1)

Note: If you are reading this article using the Komando.com App, click here to see an image of the Galaxy S8.

The S8 and S8 Plus are expected to be available around mid-April. It's Samsung's chance at redemption after the Note 7 debacle.

What do you think? Would you pay $1,000 for a smartphone? Leave us a comment and tell us your thoughts.

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