Apple iPhone 8 will burn a hole in your pocket: Here is how much it is going to cost

There is a dash of excitement in the air, with merely 48 hours to go for the launch of much-awaited flagship devices of Apple. This year Apple is launching three phones namely iPhone X, iPhone 8 and iPhone 8 Plus.

According to the media reports, Apple's upcoming iPhone is likely to be called the "iPhone X" and is expected to be priced at nearly $1,000.

As per reported by 9to5Mac, the Apple news website, the new devices will be launched in Apple's mega event on 12 September. The event will be held at the new headquarters - Steve Jobs Theatre - for the very first time in California.

"In terms of camera technology, Smith says the iPhone X will feature a 12MP rear-facing camera with support for 4K video at 60 FPS and 1080p video at 240 FPS," 9to5Mac reported.

The iOS 11 GM revealed Apple's new A11 processor will feature 6 cores - two high-performance cores and four high-efficiency cores.

According to The Verge, it seems that the new iPhone will feature 3D face scanner and wireless charging.

The launch of this year's iPhone will also mark the 10th anniversary of the iPhone.