Apple Store Philippines is currently dropping down the retail price of the 1st-gen iPad by 4,000 pesos, which is good news for the budget-minded consumers who are planning to buy a tablet this month. The local price of the iPad first-gen has gone down to as low as P19,990 for the 16GB with Wifi tablet following the announcement that the iPad 2 will be released in stores within this month in the U.S.

Check out the latest Apple iPad price list in the Philippines below.

Apple iPad 1st Gen Pricing

Although buyers have different perspectives when it comes to getting the most out of their hard-earned money. Apple assumes that with the 4,000 peso price drop they are assured that buyers will still be going for the 1st generation iPad. But with the iPad 2 coming in on the scene, it might be difficult to convince buyers this time. Let’s just see how this would turn out.

Do you already have an iPad? Check out these iPad Video Tutorials and learn to make the most out of your newly bought tablet. So in the U.S., once you can buy iPad2 New York City most stores will drop 1st-gen iPad costs for good.