Apple has received its fair share of flak and praise for every iteration of the iPhone, mainly due to their willingness to take big risks (case in point: the disappearing headphone jack). The rumor mill has been alive and well since the iPhone 7 came out, and the latest hot goss on the iPhone 8 (7S?) is bad news for your wallet.

PARIS, FRANCE - DECEMBER 03: A customer checks an iPhone 7 inside the new Apple store Saint-Germain during the first opening day on December 03, 2016 in Paris, France. This store employs 120 people and has an area of 1,300 m2, it is the largest in the capital and it is the first in France to embrace the new design codes chosen by Apple for its shops. Apple store Marche Saint-Germain is the third store in Paris, the 20th in France and the 110th in Europe and will be the 489th in the world. (Photo by Chesnot/Getty Images)

KGI Securities’ Ming-Chi Kuo, probably the most famous and reliable Apple analyst out there, pretty much confirmed we’ll see wireless charging in this year’s iPhone. Unfortunately, there’s a big, pricey downside. In that same report, Kuo said that along with this new feature, we’re going to see a pretty drastic price hike.

Because of the extra heat that the wireless charging component generates inside the phone, Apple has had to add a graphite layer to contain the heat so users don’t feel the difference. So what’s the cost of such a fabulous new phone — with features we’ve been waiting on FOREVER? Drum roll, please…

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Probably somewhere in the neighborhood of $1,000. Wowza. That’s nearly as much as a base model MacBook Pro (sans Touch Bar). But the new price point is unlikely to deter devoted fans, and if Apple does a good enough job wowing everyone with the new phone, it’s likely Apple will even see some new fans. And if the cost of wireless charging — which, let’s face it, there are already cases that let you do that — is too high, it sounds like we’ll be getting two 8/7S models, which will likely be a lot cheaper.

Keep in mind, none of this has been confirmed by Apple and we won’t know for certain until this fall when the new handset is released.

Will you get the newest iPhone? What do you think of the higher prices? Tweet us @BritandCo!

(h/t Forbes, photos via Chesnot/Getty + Getty)