Apple will launch the iPhone 8 aka its special anniversary edition on September 12. That has been confirmed by Apple's own launch event invitation that has been sent to media. Other than that we also know that the iPhone 8 is going to have a new design and that it will come with some cool new features like the 3D face recognition that will also reportedly work well in low light. Now, the report hints at the cool price you will be expected to pay for cool features in the iPhone 8. A new report says that the iPhone 8 will have a starting price of $999 with the top-end variant costing $1199.

The price of the iPhone 8, suggests a journalist on Twitter is going to $999 for the 64GB variant, $1099 for 256GB version and $1199 for the 512GB variant. This ties up neatly with an earlier report by long-time Apple watcher John Grubber who too hinted at a price tag of $1200 for the iPhone 8.

Now if these reports about the iPhone 8 price are accurate, it means that the iPhone 8 will surely cross the Rs 1 lakh in India. Last year when Apple launched the iPhone 7 and the iPhone 7 Plus, it priced the smaller iPhone 7 at Rs 60,000. This same phone was priced at $649 in the US. So in India, Apple's pricing roughly translated to Rs 92 per dollar. If the same holds true again, in India you can expect the iPhone 8 to cost around Rs 92,000 for the 64GB variant. For the top variant, the price of the iPhone 8 in India could be even as high as Rs 1,10,000.

Also Read: iPhone 8 will be launched on September 12, Apple ramps up production in China

Now, the key bit to note here is that the iPhone 8 is the special edition of the iPhone this year. For people with smaller Apple will also reportedly launch the iPhone 7s and the iPhone 7s Plus on September 12. As for whether the iPhone 8 will be worth its high price or not is something we will be able to tell only after the device hits the market and we get a chance to use it, for now we can tell you about the possible specs and features of the phone:

-- The iPhone 8 is expected to come with the AMOLED screen. This will be first for an iPhone, although phones like the Galaxy S8 and Google Pixel already use fairly fantastic AMOLED screens. Also, the iPhone 8 is expected to have an edge-to-edge display which will be larger than 5.5-inch screen in the iPhone 7 Plus.

-- The iPhone 8 will be powered by A11 processor. It is expected to come with 3GB RAM and at least 64GB internal storage.

-- The iPhone 8 will have dual-camera system on its rear, similar to what the iPhone 7 Plus has. Although rumours are that the iPhone 8 will use better image sensors compared to what you get in the iPhone 7 and the iPhone 7 Plus.

-- The iPhone 8 is expected to support the 3D face scanning feature.

-- The iPhone 8 will do away with the physical home button. Instead, just like many Android phones, it will have an onscreen home button.

-- The iPhone 8 is expected to use glass and metal-frame design. This will also allow Apple to put wireless charging in the phone.

-- The iOS 11 will be the software inside the iPhone 8.

Given that the iPhone 8 is launching on September 12, it will go on sale in select markets around September 20. It could be September 23 or even September 19. But expect to see the iPhone 8 in India in October around Diwali because Apple will like to be ready for the festive buying season.