Steve Job’s 3G iPhones will officially go on sale locally on August 22, 2008 but don’t expect buyers to line-up outside Globe Telecom’s business centers.

The price for the both prepaid and postpaid units is prohibitively expensive, some people are calling it highway robbery.

The price for the prepaid 8 GB model is a whopping P41,899 while the 16 GB model will set you back P48,899. However, Prepaid iPhone 3G kits will be provided with P200 worth of free load every month for 5 months.

For those who have deep pockets, here’s a table of the special iPhone 3G plans: