File image: IOL.

CAPE TOWN -Tech giant Apple is reportedly planning to release three cutting-edge iPhones next year, according to aggregation site, MacRumors. 

According to reports, Apple will launch three next iPhones, including a high-end flagship with a giant 6.5-inch display.

This will be the largest iPhone display yet. Notably, the iPhone X has a 5.8 inch screen and the iPhone 8 Plus has a 5.5 inch display. 

According to reports, the 6.5 inch version and a new 5.8  inch model will utilise OLED screen technology.

The OLED reportedly attributes to why the iPhone X is more expensive than the iPhone 8 and iPhone 8 Plus. 

READ: LOOK: Apple's new iPhone X loses 'home' button

Meanwhile, The components in Apple Inc.’s new iPhone X cost $115 (R1 631, 30) more than the guts of the iPhone 8 due to its pricey new screen and facial recognition scanner, according to an analysis by IHS Markit Inc.

The total bill of materials for the base model iPhone X with 64 gigabytes of storage is $370.25, according to IHS’s report, excluding costs like research and development, manufacturing, and software. IHS conducted a similar analysis earlier this year of the iPhone 8 base model and found a bill of materials of $255.16.  

The iPhone X includes a stainless steel case, a 3-D facial recognition system on the front, and a 5.8-inch OLED screen that aren’t part of the iPhone 8. These components probably drove the extra costs of the company’s 10th anniversary flagship model.

READ ALSO: Apple's IPhone X parts cost R1 631 more than IPhone 8