iPhone 8

Every Autumn Apple introduces its new iPhone lineup to much fanfare about the upgraded hardware, which usually includes a faster processor and more storage, and sometimes an upgraded camera or display. Regardless of what new features are included, they always come with a price hike. This year's lineup, in addition to the iPhone 8 and iPhone 8 Plus, includes the 10th anniversary iPhone X, which features Apple's first OLED display and tops out at a whopping $1149. At the other end of the spectrum, the least expensive iPhone 8 will still set you back $699.

Apple's next iOS iteration will deliver on the company's promise to increase wireless charging speeds for its latest iPhone lineup. According to a report from MacRumors, iOS 11.2 will support faster Qi charging for the new iPhone 8, 8 Plus and X models.

The iPhone 8, 8 Plus and X will all be capable of fast charging, a feature that Apple claims will allow you to charge your handset to 50% or more within 30 minutes. Unfortunately, you will need some hardware that doesn't come in the box to achieve this.

A new report in the Taiwan-based newspaper Economic Times (via Reuters) claims Apple plans to cut iPhone 8 and iPhone 8 Plus production by nearly 50 percent in November and December. Cutting production of its latest flagship iPhone before the holiday shopping season would typically be a bad sign, but Apple is most likely preparing for the launch of the iPhone X.

Analysts believe that Apple plans to focus on the iPhone X which delivers a radical new design and new Face ID feature. However, Apple shares still "fell 1.5 percent in premarket trading on Thursday as brokers and traders speculated over poor demand and cuts in production of the iPhone 8," according to Reuters.