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iPhone 5 hits grey market for Php47k, November for telcos

The first batch of iPhone 5 will be released in 9 countries today. This includes neighboring countries such as Singapore and Hong Kong. Grey market shipments will also arrive in the Philippine tomorrow with a staggering street price of Php47k.

While the street price of early units of the iPhone 5 are high, it still did not beat the asking price of the iPhone 4S at Php52k and the iPhone 4 at Php92k when they first came out.

The grey market prices fluctuate and sources tell me it moves at a price of Php1,500 cheaper per day from the original asking price, until such time it stabilizes (which normally happens once telcos start offering it).

As for Smart and Globe, inside sources told us the official release of the iPhone 5 might come it around November which is 11 months from the official release of the iPhon 4S in December last year.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

37 Responses

  1. Avatar for FUJO FUJO says:

    ^ boo! wala pa kaya! saka kung meron na sana man lang may advertisement man lang sila. but no wala pa. kung may email sila sayo post mo sa then send us the link.

    ang weird. nagbayad ako ng postpaid ko sa globe wala pa daw as in zero. wala pang email to new customer.

  2. Avatar for jovert jovert says:

    i registered to globe’s website, and i got a phone call yesterday making me say, that i would want a new plan aside from the on that iam already using. and the rep from globe that i have spoken with, told me to submit my requirements tru email with a reference code IP5++++. just like the ip4, they are prioritizing the new customers than the old ones. it’s basically part of their marketing strategy. since old clients are easier to please than to get a new one. that is why they bargain the new device to get more clients.

  3. Avatar for office boy office boy says:

    wahh!! luma na agad ang 4S ko, under contract pa ko…huhu

  4. Avatar for Jang Jang says:

    I got mine on its release date. Surprisingly, there was no wait, no line, no people at all at the store. Got one for my boyfriend and one for myself. I have to say it was all worth it. I love my iPhone 5 and will never even care for other phones. 47k for iPhone is too much btw. Smh.

  5. Avatar for Willie Willie says:

    Mas maganda pa dito yung W900 ng Cherry mobile. haha!

  6. Avatar for fr0stbyte fr0stbyte says:

    Got it yesterday from the Apple Store. Lined up the 10PM the day before.. I’m never gonna do it againn though. It was just to cross it off my bucket-list. It bloody cold and it was raining hard all morning. Good thing we had a roof above us, otherwise me and my friend would have given up. I saw a lot of Chinese folks buying two phones at a time with the intention of selling in their own country. Profit!!! :D

  7. Avatar for HiERARCH HiERARCH says:

    pamahal ng pamahal ang mga high end phones ngayon grabeh! sayang lang features n’yan dito sa Pinas kase walang kwenta mga telcos natin. biruin mo ba naman sawa na sa LTE ang ibang bansa dito paumpisa pa lang!

  8. Avatar for jego207 jego207 says:

    Kung may pera at gusto na agad, edi bumili.
    Kung wala, edi maghintay o bumili ng iba.
    Di na kailangan mang-bash ng iba.
    bow.

  9. Avatar for madapaka madapaka says:

    People who patronize Apple products, iPhone in particular are fanatics (cult). This is the main reason why Apple products such as the iPhone thrives. Look at the iPhone 5, what’s so revolutionary about it? Slightly bigger screen? Thinner body? If someone would care to look at what’s beneath it, and compare it with other flagship devices, one would find out that it is inferior i.e. technologically speaking. The only advantage it has compared with others is its retina screen, no more, no less. Too bad, not many people knows this, they’re just buying the brand.

    One thing is for sure, Apple’s brand management is second to none, even if Steve is no longer around.

  10. Avatar for Justin Justin says:

    Mga utu-uto lang ang bibili nito. Last year’s hardware specs at P47k??? Haha! Tanga talaga ang mga iPhone users! :)

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