Pre-orders will starts from September 22, says report

A mock-up of what the iPhone 8 might look

A mock-up of what the iPhone 8 might look

According to KGI Securities' report, OLED displays produced by Samsung for the iPhone 8 will cost about $120 to $130 per unit, up from the $45 to $55 per unit cost of LCD panels in the past. He added that its firm has not received exact details on the supply volume as Apple is still finalizing on the specifications of the forthcoming iPhone that will feature an OLED panel. The Wall Street Journal stated that iPhone 8 production is a month behind schedule due to a manufacturing problem that emerged while trying to integrate Touch ID into the OLED display. But since Touch ID is currently used to make contactless payments and more, how will Apple make sure the iPhone 8 is secure enough? According to the Korea International Trade Association, 171 million iPhone handsets were in use in China during the second quarter of this year. The primary reason for this need for the new supplier is the immense bargaining power that the current situation provides Samsung with.

"But it won't end up being called 'iPhone 8", that's for sure. Counterpoint data showed that Apple's iPhone 7 was the top selling model in July, followed by the larger iPhone 7 Plus.

The report further said that they have received a box shot from the Royal Dutch telecom provider KPN. That leads us to some interesting theories and more speculation around the freebies it could bundle, new features we could see, and hardware components that previous iPhones haven't had. And although Apple has remained tight-lipped about its plans, the company is said to have bundled a facial sensor in the iPhone 8 that could take the place of the fingerprint sensor and work just as effectively.

As always, CNET will be attending the event IRL at Apple's new campus and live-blogging as the event unfolds.

If Apple can't deliver the iPhone 8 in its September quarter, it may not hit its guidance. A new Apple Watch and a 4K Apple TV is also expected to be unveiled at the event. The Home button will be an on-screen virtual element.

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