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Apple’s New iPhone 11 Too Expensive? Wait 6 To 12 Months For The Price To Drop

iphone 11 singapore

Snaking long queues have formed outside Apple’s Orchard Road flagship store since Thursday night in anticipation of the new line of iPhones.

The newly-released iPhone 11, iPhone 11 Pro and iPhone Pro Max finally made its sales debut in Singapore today (Sept 20), with prices starting at $1,149, $1,649 and $1,799 respectively.

If you’re planning to get your hands on these new devices but are deterred by the hefty price tag, meta-search platform iPrice says you simply have to hold out a little longer.

Based on their proprietary data on pricing of Apple’s previous smartphones, you should wait at least six to 12 months from the release date to see a price reduction.

In Singapore, Apple’s iPhones witnessed an average of 8.19% drop in pricing 12 months after it’s launched.

Pricing for the iPhone X for instance, dropped almost 10% ($189) to $1,761 one year after the phone was released.

iPrice predicts that you could save as much as $114 for this new line of smartphones if you wait till 365 days later.

It’s not an exorbitant amount, but a penny saved is a penny earned.

So if you don’t really care about being an early adopter, wait it out and you might just save yourself some money.

Featured Image Credit: CNet

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Vulcan Post aims to be the knowledge hub of Singapore and Malaysia.

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(UEN 201431998C.)

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