Local retail store Villman Computers now offers iPhone 5 for a price of P44,999 or simply P45k. This is a little bit lower than WidgetCity’s SRP of P47k sold on a limited stock.
The last we heard, the price in the gray market is even up to P50k.

This is still the gray market price war but Villman’s pricing is one of the lowest so far after iPhone 5 was made available in HK and Singapore last week.
The 64G is also available for P54,999.
Some useful links:
