iPhone 8 and 8 plusHollis Johnson/Business Insider

Apple announced three new iPhones this month: the iPhone 8, the iPhone 8 Plus, and the high-end iPhone X.

Those three phones start at $699, $799, and $999, respectively.

Based on the relatively diminutive launch-day lines for the iPhone 8, it seems likely that most people are waiting for the release of Apple's high-end iPhone X, which debuts November 3.

That said, there are several reasons it's worth considering an iPhone 8 instead of holding out for the iPhone X:

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