File image: IOL.

CAPE TOWN -Tech giant Apple is reportedly planning to release three cutting-edge iPhones next year. 

This is according to KGI Securities analyst, Ming-Chi Kuo. Financial services group in Asia, KGI says that Apple will launch three next iPhones, including a high-end flagship with a giant 6.5-inch display. Kuo gathers intelligence for his contacts in Apple's Asian supply chain. He then translates the gathered information into research notes for KGI's clients. 

Kuo sourced Apple's proposed plans to introduce 3 new iPhone's from website that aggregates Mac and Apple reports and rumours, MacRumors. 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 Kuo, 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

In an attempt to establish an affordable model, Kuo says that Apple will launch a 6.1 inch model with a more traditional LCD display. "We believe the major hardware difference in the two new OLED models is size, in a bid to satisfy various needs of the high-end market," Kuo said.

In addition to this, all new iPhones are expected to ship with an all-screen form factor and 3-D sensors. All three phones are also expected to feature a full-screen design. This suggests that Face ID will entirely replace the home button in 2018. 

Despite Kuo’s analysis, Apple was not available for immediate comment. Meanwhile, Apple’s iPhone 8 has been compared to its iPhone X. It has been discovered that the components of Apple’s iPhone X cost R1631,30 more than the entrails of the iPhone 8. 

This stark price difference is attributed to the iPhone X’s new screen and facial recognition scanner, according to an analysis by IHS Markit Inc. It also features a stainless steel case whereas the iPhone 8 has an aluminium frame. 

Also, the OLED cost the company R1582. 77 per unit. In comparison, the iPhone 8 Plus screen cost the company R755.41. 

“Apple is definitely paying a premium for OLED technology”, said Wayne Lam, an analyst IHS.

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