As iPhone 4S was made available in Singapore by all three telecom providers since 28th October, the old iPhone 4 handsets are being phased out and going through heavy advertising campaigns to clear the stock. Apple iPhone 4 32GB price in Singapore has been reduced as expected by market forces.
Due to the release of new iPhone, while the old Phone 4 is still available at telecom providers to purchase along with a new contract, some new customers are experiencing stock outage since the reduced prices attract more people. However, it appears that only M1 and SingTel are still selling iPhone 4 32GB while StarHub has completely run out of stock of old models except iPhone 4 8GB.
Although the new iPhone 4S sports really good upgrades and awesome Siri, the voice assistant, the price point maybe a factor for many customers to flock to iPhone 4, which is only one year old model and still one of the best smartphone out there. The adjusted Apple iPhone 4 32GB price, quoted at SGD620 from both M1 and SingTel is also significantly lower than before, although about the same price as iPhone 4S 32GB which is sold at SGD630, and around SGD678 at StarHub.
For any customers wanting iPhone 4 32GB will have to either source it from eBay or sign a 24 months contract at SingTel or M1, since even Apple Singapore stores now only have stocks for iPhone 4 8GB.
Apple iPhone 4 32GB price on eBay Singapore is fluctuating around SGD650 to SGD750. The price is actually expected to be lowered down further as more people shift their attention on iPhone 4S and demand for discounted old iPhone 4 models get stale.
Current old iPhone 4 32GB models in eBay, Craigslist and other classified sites are mostly pre-owned. There are some people getting their iPhone 4 32GB handsets from telecom providers or before Apple Singapore stores run out of stock and reselling the at a mark-up price, although this will be rare to find.
It is obvious that expensive price point of new iPhone 4S is driving people to get the older ones. As holiday season is approaching, Apple iPhone 4 32GB price will no doubt be adjusted again within next couple of months.
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