View Full Version : The iPod takes on global currency markets
Jan 18, 2007, 01:51 AM
Australia's Commonwealth Bank, inspired by The Economist's "big mac index" has created an iPod index(http://biz.yahoo.com/rb/070118/ipod_currencies.html?.v=1) to try to show how various countries' currencies are really valued against each other. They chose the 4 GB nano to compare. Brazil comes in at #1 with a nano costing over $300, and Canada is the cheapest place in the world to buy said nano.
Jan 18, 2007, 02:20 AM
Interesting, because it seems that unlike localised Big Mac pricing, it appears that the Nano is not quite as sensitively priced to local conditions. The cheapest Big Macs are in China; whereas the cheapest Nanos are in Canada...
Jan 18, 2007, 02:41 AM
Hong Kong is the 2nd best place.
Does it go to follow that Hong Kong is a good place to buy a MBP?