Those planning to line up for Apple’s expected top-of-the-line smartphone might want to start saving. The premium version of the new iPhone, which Apple is said to be unveiling in September, may cost around $999, according to a new report from The New York Times.
That would make the new iPhone cost over $300 more than the $649 iPhone 7, and about $230 more expensive than the $769 iPhone 7 Plus. It’s unclear whether the $999 figure refers to the iPhone’s starting or maximum price (Apple typically offers iPhones with different storage options, with additional storage usually adding about $100 to the price). It’s not the first evidence indicating Apple’s high-end phone may cost nearly $1,000: Fast Company previously reported the same, saying that a special tenth anniversary edition model would have a price tag “very likely north of $1,000.” This $999 version may be a special model launched alongside two other new 4.7-inch and 5.5-inch iPhones, as Bloomberg reported.
Apple has not yet responded to TIME’s request for comment about the new iPhone./TIME