iPhone 14 Unveiled; how long does it take the average Filipino to pay for it?

The Philippines’ Apple enthusiasts sat up and took notice of the new releases’ features after Apple recently introduced the iPhone 14 series, as well as their comparatively high price tags. How much is iPhone 14 in the Philippines? The iPhone 14 price Philippines release date was last Sept. 16, 2022  with an eye-watering amount of not less than PHP70,990 (US$1,249.85) for the base model.  The iPhone 14 Pro is even pricier than the most expensive Oppo model, which has the largest share of the mobile market in the Philippines at 18.63 percent.

What is iPhone?             

The iPhone is an Apple smartphone with a touchscreen interface that integrates a computer, iPod, digital camera, and cell phone into one unit. The iPhone uses the iOS operating system, and the iPhone 13 was released in 2021 with a 12-megapixel camera and up to 1 TB of storage. A selection of Apple programs, including iTunes, Safari, and iPhoto, were preinstalled on the first-generation iPhone. Email services using Post Office Protocol 3 and Internet Message Access Protocol were integrated with the gadget.

Although Apple debuted the iPhone as part of a two-year exclusive relationship with AT&T Wireless, it only took hackers less than three months to unlock the gadget so that it could be used on any GSM communication network.

At the Macworld convention on January 9, 2007, Apple co-founder Steve Jobs unveiled the first iPhone. The iPhone has contributed to the global move to mobile computing among both consumers and enterprises even if it wasn’t the first smartphone. Its main competition has been Google Android-based handsets from manufacturers like Samsung, which were also released in 2007.

1st model iphone

3G and 3GS iPhone. On June 9, 2008, Apple unveiled the second-generation iPhone with iPhone OS 2.0. The new gadget’s capacity to connect to third-generation (3G) cellular networks using technologies such the Universal Mobile Telecommunications System and high-speed downlink packet access led to the device’s being given the name iPhone 3G. (HSDPA). There were 8 GB and 16 GB versions of the iPhone 3G available.Support for Microsoft Exchange email was one of the features provided in the iPhone OS 2.0 upgrade. Improved mobile security features included remote wipe and other management capabilities, as well as secure access to corporate networks through Cisco’s IPSec virtual private network.A software development kit (SDK) for bespoke applications, a configuration tool for centralized management, and, most significantly, its App Store were also made available by Apple in 2008. The App Store was a marketplace where iPhone users could buy and download new applications to use with their devices.The sleek, convex black or white plastic cover of the iPhone 3G replaced the first-generation iPhone’s flat metal housing. The several radio receivers inside the device were able to transmit more effectively thanks to the transition to plastic.

Along with aided GPS, the iPhone 3G included triangulation utilizing cellular towers in addition to a GPS receiver. Flash, Java, and Multimedia Messaging Service were not supported (MMS). Wireless earpieces were supported via its built-in Bluetooth, but not stereo audio, laptop tethering, or File Transfer Protocol.Apple unveiled the iPhone 3GS and iPhone OS 3.0 on June 8, 2009, less than a year after the iPhone 3G made its debut. The iPhone 3GS, which came in 16 GB and 32 GB variants, included a number of hardware upgrades, such as a video camera, built-in compass, and quicker download speeds thanks to 7.2 Mbps HSDPA support.The Find My iPhone app, copy-and-paste support, and MMS support were all included in that new OS release. Additionally, it included an enhanced SDK so that programmers could incorporate navigational elements, push alerts, and in-app purchases into their third-party programs.

The latest model

14 Plus, 14 Pro, 14 Pro Max, and 14 iPhones. On September 7, 2022, Apple unveiled the iPhone 14 line-up. The devices went on sale for the first time on September 16. Apple has four models this time around: the iPhone 14, 14 Plus, and 14 Pro Max. This version won’t have a tiny model. All iPhone 14 versions come with storage options of 128 GB, 256 GB, 512 GB, and 1 TB. Only the 13 Pro Max model of the iPhone 13 had a 1 TB option. The A15 Bionic chip from Apple powers the iPhone 14 and 14 Plus, while the A16 Bionic chip, which is quicker, powers the 14 Pro and Max. Both devices have a 16-core neural engine, a five-core GPU, and a six-core CPU. The iPhone 14 and 14 Max now provide a 6.1-inch display in place of the 5.4-inch small variant. Both the 14 Plus and the 14 Max Pro can expand to 6.7 inches in size. Apple’s Super Retina XDR display provides a benefit to all iPhone 14 models. The Pro variants are brighter than the standard models, which have a maximum brightness of 1,200 nits. All iPhone 14 model versions have upgraded cameras and picture processing compared to earlier devices. With a 12MP primary camera, the 14 and 14 Plus cameras improve, while the 14 Pro and 14 Pro Max cameras gain from a 48MP main camera. Apple’s new Photonic Engine, which makes use of the A15 and A16 CPUs’ neural engine processing capabilities to improve low light photographs, is available on all iPhone 14 models. Additionally, Apple has improved video stabilization features with a new Action Mode that is compatible with all iPhone 14 models. A new accelerometer, which Apple claims is better equipped to detect crashes and accidents, is also included in all iPhone 14 model versions. Additionally, Apple has improved satellite connectivity for emergency services throughout the whole spectrum of iPhone 14 models.

Guess what?

How long would it take the average Filipino to accumulate enough savings to purchase one, even though that price may not be an issue for a few wealthy Filipinos?

The analytics team at bargain aggregation site Picodi conducted a study that determined that it would take precisely 90.9 days, or just over 3 months.

The study looked at close to 50 nations, comparing local iPhone costs with each country’s average income. The index, which is based on information from the statistics website Numbeo, estimates the average monthly salary in the Philippines to be PHP16,401 (US$288.78).

If the thought of having to labor for more than 90 days simply to buy a cell phone depresses you, and that’s assuming you’re saving 100% of your income, you could take comfort in the knowledge that we’re not the only one who feels this way. In fact, Turkey ranked higher on the index than the Philippines, where a typical person would need to put in 146.7 extra days of work to purchase the newest iPhone.

Knowing the price of the latest iPhone that was released recently is still surprising and at some point, it gives me the thought of asking if this is still worth it. When you got the money and wanted to buy something that will satisfy your needs at the same time, it becomes a good asset or investment, is iPhone 14, the best option?

In the Philippines, the top investment that Filipinos are interested in buying is most likely to be, an affordable real state that fits their monthly income. Upgrading a phone is already an issue because it will only impress people where in fact it is unnecessary. 

In comparison to the iPhone 14, how long does it take the average Filipino to pay for an affordable real state like Bria Homes?

It is already known that in Golden Icons award,  BRIA Homes Recognized as Asia’s Most Affordable Housing Developer in Asia’s Golden Icons Awards 2022 .   The real states that they offer is affordable and the price packages as low as 1,897 pesos a month.

Take a look at this ELYANA house in Bria Homes:

Floor Area: 24 sq.m , Minimum Lot Area: 36 sq.m

Estimated Price: P 550,000; Reservation Fee: P 3,000.00

Monthly Down payment for 16 mos : P 4k+ / mo.

Estimated Monthly Amort (Pag ibig) after pag ibig : 3k+/ mo.

Imagine, for only 16 months you can be able to own your own house and lot with the very affordable price. Thinking of which, instead of upgrading your phone every year, you may also think of investing in Bria Homes otherwise.

Real estate, being the one of the top investment options here in the Philippines, due to its low risk and high return potential. As property values increase over time, it acts as a safety net against inflation. In addition to owning a permanent dwelling, one of the most crucial factors for property investors is income generation.

As time goes by, iPhones only depreciates its value due to yearly updated models, while real states prices increase in later times.

Interested homebuyers can always involve themselves through Bria’s 360 Virtual Tours in www.bria.com.ph and inquire online through our Facebook page at www.facebook.com/BriaHomesIncOfficial for more informations. They can also reserve a house online through https://www.bria.com.ph/online-reservation/.

 Written by Bermon O. Ferreras