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