So we finally got the official retail price of the iPhone 4 from Globe today and while the price point is within the expected range, it turns out it is more expensive by at least 12%. The original no-contract price of the iPhone 3GS and iPhone 4 is $699 (32GB) in the US via AT&T (exclusive of taxes). When the iPhone 3GS was released with Globe Telecom last year, the prepaid price was Php42,250 (which includes taxes and some margins). A $1,002-dollar 32GB iPhone 4 translates to: A +12% effective price increase from last year (price-corrected for forex rates). Now, why would the price of the iPhone 4 in the Philippines gone up instead of down? Inventory of remaining older units might have prevented Globe from pushing the prices down. I remember that a lot of people were complaining about the launch price of the iPhone 3GS before that Globe decided to slash the prices a week before the release date. Globe Telecom has opened iPhone 4 pre-orders in the Philippines this early. Read more in our articles including "The Math on Globe's iPhone 4 Price " and "Globe now accepts iPhone 4 Pre-Orders".
So we finally got the official retail price of the iPhone 4 from Globe today and while the price point is within the expected range, it turns out it is more expensive by at least 12%. The original no-contract price of the iPhone 3GS and iPhone 4 is $699 (32GB) in the US via AT&T (exclusive of taxes).
When the iPhone 3GS was released with Globe Telecom last year, the prepaid price was Php42,250 (which includes taxes and some margins). A $1,002-dollar 32GB iPhone 4 translates to: A +12% effective price increase from last year (price-corrected for forex rates). Now, why would the price of the iPhone 4 in the Philippines gone up instead of down?
Our coverage of globe iphone 4 price includes: "The Math on Globe's iPhone 4 Price "; "Globe now accepts iPhone 4 Pre-Orders"; "iPhone Philippines : for sale Php35,000". Each article provides unique insights and information.