CommSec The Australian company has just released the new version of the iPod Index, the competitor of the much more famous Big Mac Index.
Like his cousin, the Economist pointed out, the iPod Index is intended to indicate the over / under valuation of a currency based on the theory of one price, or that the same goods should cost the same everywhere in the world (this of course with the same product and excluding duties, customs barriers, shipping, etc ...).
The product used for the analysis of the CommSec iPod Nano 8 GB.
the table showing this side shows prices in U.S. Dollars the product in question in 68 countries.
course, the eye runs over those that are parts of the world where this technology is cheaper, a year ago Australia was the most suitable place where to buy and this is due to the collapse at that time was under the Australian dollar under the influence the financial crisis.
In January 2009 the country had become more convenient to South Korea, Hong Kong in June 2009 and now, twelve months later, the U.S. will repossess the scepter of best place to buy with 149 dollars a piece, ahead of Hong Kong, Japan and Canada.
the weak dollar (the evaluation was made with a EURUSD exchange rate to average 1.49) appears to offer great opportunity for buyers online (U.S. Apple Store does not sell outside the U.S., but the dealers do), and travelers on the ground, reiterating the theme of the underestimation in fundamental terms the U.S. dollar.
The comparison with the price of the iPod in Italy (same price as in Germany) is merciless and makes it more convenient to purchase in the U.S. a generous 30%, confirming the current overvaluation of the euro.
the other side, the places of the world where the product is more expensive (and therefore theoretically overvalued currency), are Argentina, Brazil, Iceland, South Africa and Hungary.
Like his cousin, the Economist pointed out, the iPod Index is intended to indicate the over / under valuation of a currency based on the theory of one price, or that the same goods should cost the same everywhere in the world (this of course with the same product and excluding duties, customs barriers, shipping, etc ...).
The product used for the analysis of the CommSec iPod Nano 8 GB.
the table showing this side shows prices in U.S. Dollars the product in question in 68 countries.
course, the eye runs over those that are parts of the world where this technology is cheaper, a year ago Australia was the most suitable place where to buy and this is due to the collapse at that time was under the Australian dollar under the influence the financial crisis.
In January 2009 the country had become more convenient to South Korea, Hong Kong in June 2009 and now, twelve months later, the U.S. will repossess the scepter of best place to buy with 149 dollars a piece, ahead of Hong Kong, Japan and Canada.
the weak dollar (the evaluation was made with a EURUSD exchange rate to average 1.49) appears to offer great opportunity for buyers online (U.S. Apple Store does not sell outside the U.S., but the dealers do), and travelers on the ground, reiterating the theme of the underestimation in fundamental terms the U.S. dollar.
The comparison with the price of the iPod in Italy (same price as in Germany) is merciless and makes it more convenient to purchase in the U.S. a generous 30%, confirming the current overvaluation of the euro.
the other side, the places of the world where the product is more expensive (and therefore theoretically overvalued currency), are Argentina, Brazil, Iceland, South Africa and Hungary.
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