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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! :)

  11. Avatar for Tobacco Tobacco says:

    47T Lang? Sisiw

  12. Avatar for ipono ipono says:

    Iphone 5 nabili ko sa HK ng 4500 pesos, pero china fone, hehehe. pede na sya di naman halata e.

  13. Avatar for saturn saturn says:

    For me, Its not practical to buy high end phone right now, especially in wars between samsung and apple. Their flagship phones are replaced too fast for me (a year or maybe less). Sayang lang, pagkabili mo, ma ooblsolete lang. I think Ill just stick to my first generation galaxy s. Luma na pero parang bago pa din ang performance…

  14. Avatar for Kamote Kamote says:

    With 47k i can buy a psvita, a nexus7, and an android smartphone. I’ll pass

  15. Avatar for Raphael Fernandez Raphael Fernandez says:

    The iPhone, I think, is an overhyped, overpriced phone…it is a phone that’s nice today and “old” next year just like any other gadget…but thanks to Apple, the competition (I hope) would be able to tweak their phones to better that at a more affordable price…

  16. Avatar for Cris Marcos Cris Marcos says:

    Wow nakakalula naman price sa grey market:)

  17. Avatar for Bryan Bryan says:

    Where do they get that kind of prices. 92k? i mean for the previous price of iphone 4 and 4s. Tsk.

  18. Avatar for meh meh says:

    Not worth it, soon enough they will be everywhere. In fact, now is a good time to pick up a 4S or Iphone4 for cheap

  19. Avatar for Ghosthunter Ghosthunter says:

    … maybe its time to buy the iPhone 4S….

  20. Avatar for Kyle Kyle says:

    meron na kaya sa greenhills within this week?

  21. Avatar for Jan Jan says:

    hangang tingin na lang ako..

  22. Avatar for jonaflormicfren jonaflormicfren says:

    Expensive because it is still hot..

  23. Avatar for Sam Sam says:

    I just got mine for $799 just around 34k !!

  24. Avatar for kaninglamig kaninglamig says:

    naku intay nalang ako sa globe or smart… OA naman magpresyo sila…

  25. Avatar for Tita Sutto Tita Sutto says:

    Hihintayin ko nalang na maging ₱2,500 ito!

  26. Avatar for marbs marbs says:

    45k sa tipidcp…

    http://www.tipidcp.com/viewitem.php?iid=4754621

  27. Avatar for Diko Diko says:

    Can I still use my old number in an iPhone5? Imean, can the telcos provide that service to subscribers? I understand it uses nano SIM.

  28. Avatar for ificallyoumine ificallyoumine says:

    Grabi ang mahal pa.. akala ko around 42k lng ganun.. matinding ipunan to ;)

  29. Avatar for topgun topgun says:

    Good News! To those who are eager to have one.

  30. Avatar for booboo booboo says:

    Meron kaya ulit iPhone parties just like last year? Medyo mainit ang competition ngayon ng Smart-Globe. I hope they’ll offer iPhone 5 with competitive plan offerings as well. :)

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