iPhone 5 to hit the gray market next week, starts at around Php50k
Can’t wait to get your hands on the newest iPhone? Well online gray market sellers will be having them on hand as early as Tuesday next week (9/25). It does come with a steep price to pay to be among the first in the country to own one.
One of the sellers, Widget City, is now accepting pre-orders for the iPhone 5 16GB which they will sell for
Php47,000 Php50,000. There will initially be 10 units of each color so the number is quite limited for the first batch. 32GB is at Php56k while 64GB is at Php61k.
First official batch of iPhone 5 in other countries are already sold out and those who did not make it to the pre-order cut-off will have to wait for an indefinite time for the next wave. Not unless you opt for the pricey but already available gray market units.
The iPhone 5 that will be available from Widget City are sourced from Hong Kong where people are more inclined to spend more just to acquire this new product from Apple.
Looking at the HK online Apple Store, the iPhone 5 16GB sells at HK$5,588 which translates to roughly around Php30,000. That’s a far cry from the
Php47k Php50k but we have to keep in mind that suppliers in HK will pad the price a lot considering available supplies are quite limited to meet the demands of the people.
Since these units are from HK, it’s highly likely that it’s LTE will work with our carriers since it’s using the same LTE Bands as Smart (Band 1, 3, 5) and Globe (Band 3).
I know most of you who are planning to get the iPhone 5 are not willing to shell 50 grand but I also know of people who bought the iPhone 4 before for a much higher price. The question really here is, how badly do you want to own the iPhone 5 ahead of others?
If you want to reserve a unit from Widget City, you may e-mail them at [email protected] with your name, contact number, and the color of the iPhone 5 you want to get.