Each year, the first release of any new iPhone will drive the gray market prices of the new models up to twice or thrice the retail price. This is primarily due to supply and demand principles.
We montiored at least 4 online stores that sell gray market units of the Apple iPhone 6 and iPhone 6 Plus — Lazada, Kim Store, Widget City and DB Gadgets.
We plotted them down here to show the current prices that they are being offered as of today.
Store | Lazada | Kim Store | Widget City | DB Gadgets |
|---|---|---|---|---|
| Model: iPhone 6 | *** | *** | *** | *** |
| 16GB iPhone 6 | Php64,320 | Php50,000 | Php52,500 | Php56,800 |
| 64GB iPhone 6 | Php69,010 | Php55,000 | Php57,500 | Php60,000 |
| 128GB iPhone 6 | Php73,030 | Php57,000 | Php62,500 | Php66,500 |
| Model: iPhone 6 Plus | *** | *** | *** | *** |
| 16GB iPhone 6 Plus | Php84,420 | Php92,000 | Php92,500 | n/a |
| 64GB iPhone 6 Plus | Php90,450 | Php100,000 | Php102,500 | n/a |
| 128GB iPhone 6 Plus | Php97,810 | Php105,000 | Php108,500 | n/a |
Historically, the Apple iPhone has the highest gray market prices. The gold iPhone 5S was selling for double the price last year at Php65k and the iPhone 4 was selling for Php92k when it first came out years ago.
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