Singapore iPhone 5C/5S price plans translate to S$500 user subsidies

S$470 subsidy for 5S, S$515 for 5C.

All three telcos have announced their price plans for the new Apple iPhone 5S/5C recently, notes OCBC, with the 16GB model of the more powerful 5S, being offered at between S$515 and S$532 on a 2-year contract under their basic plans, versus the Apple Store’s retail price of S$988.

"This translates to an upfront subsidy of ~S$470 per subscriber. For the 5C, basic plan subscribers would need to fork out between S$318 and S$355 for the entry-level 16GB model on a 2-year contract," said OCBC.

"This amounts to a subsidy of ~S$515 against the retail price of S$848 found in the Apple Store. However, with Samsung launching its new Galaxy Note 3 around the same time, this may temper the demand for the new iPhone," it added.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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