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Originally posted by vrapan
sorry for going so much off topic

On the contrary, FX rates are right at the nub of the issue. Once you remove tax from the equation, which you just have to live with, FX rate is the biggest issue for Apple in Europe at the moment beause the amount they are making just on FX rate (7-10%) is very, very, transparent to internet shoppers. It is the #1 reason I have held of buying a new Mac this year. Dropping prices like this will make it more likely that I will buy one.

The other issue is regarding whether Apple should continually change prices to reflect change of FX rate. If you compare Dell prices (minus tax) they don't charge such a premium for FX rate. That is partly because they are constantly tweaking the feature and their product range so that you can't really say, this system is cheaper or more expensive than last week, because you might be getting a bigger hard drive but less free software. However it allows them to keep the FX rate in line.

Apple has to continue in the direction of quiet product releases and upgrades without a MacWorld and with it a constant tweaking of prices. This price drop along with minor iBook updates are exactly the right way to go.

Sanj
 
Prices have also dropped overnight at the Canadian Applestore. The 23" has dropped from $Cdn 3,199 to $Cdn 2,799. My guess is that over the past several months, the US dollar has dropped significantly in value in relation to other currencies. For example, about 6 months ago, the US dollar was worth about $Cdn 1.60. Now it is worth about $Cdn 1.39. What this means is that it is now significantly cheaper to purchase US products. The price drop for the 23" very closely matches the drop in value of the US dollar (1.39/1.6 * 3,199 = 2,777). Incidentally, the cost of a 23" in $US, if purchased in Canada, would be $Cdn 2,799 *.72 = $US 2,015. All this would explain why US prices are not going to drop.
 
I just compared the US prices vs the Canadian prices for the G5. The Canadian prices match the current exchange rate, which is not surprising since the G5 is a new product and pricing would therefore be according to current exchange rates. For example, the Dual 2 GHz at the Canadian Apple Store is $Cdn 4,199 ($US 3,023 when converted) which is very close to the US price at the US Apple Store of $US 2,999. So all this would seem to indicate that older products in foreign countries that have not seen a price drop for the past 6 months should see a price adjustment. Is this the case? I haven't checked anything else other than the displays and G5's.
 
Originally posted by Slacker
Prices have also dropped overnight at the Canadian Applestore. The 23" has dropped from $Cdn 3,199 to $Cdn 2,799. My guess is that over the past several months, the US dollar has dropped significantly in value in relation to other currencies. For example, about 6 months ago, the US dollar was worth about $Cdn 1.60. Now it is worth about $Cdn 1.39. What this means is that it is now significantly cheaper to purchase US products. The price drop for the 23" very closely matches the drop in value of the US dollar (1.39/1.6 * 3,199 = 2,777). Incidentally, the cost of a 23" in $US, if purchased in Canada, would be $Cdn 2,799 *.72 = $US 2,015. All this would explain why US prices are not going to drop.

I just noticed the Canadian prices as well. That’s great since I plan on getting a 23’’ along with my G5. With the $400 in savings I Can get at least another gig of RAM.

I believe this must have to do with the rising Canadian dollar in the last couple months
 
Yeah, the Canadian prices are almost identical to the US prices, if not a few $ better :D

Cool.
 
Originally posted by AppleMatt
vrapan,
Although you have to either get medical insurance or pay the bills, the US healthcare system is much better than ours.
Really? Wow, we whine about it so much it seems like we have a third-rate healthcare system.

I personally think any price drop is welcome. If Apple were to match it exactly with the exchange rate, then people would be waiting for the price to hit its bottom point, because even though the exchange rates change, people's salaries don't (well, not immediately) and so we'd have people waiting for the price ot hit a low point, and then get all pissed if it dropped further.
 
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