The Canadian Dollar reached parity with the U.S. Greenback yesterday. In on honour of this auspicious day, I thought I’d see how translates for far for tech consumers out there. Comparing prices at Apple.ca and Apple.com. Remember 1CAD = 1USD.
CAD | USD | Premium | |
iPod Touch | 329 | 299 | 10.0% |
iPod Nano | 169 | 149 | 13.4% |
MacBook | 1249 | 1099 | 13.6% |
MacBookPro | 2199 | 1999 | 10.0% |
iMac | 1399 | 1199 | 7% |
iPhone | *sigh* | 399 | Infinity |
UPDATE: Given the recent strength in the Loonie has as much to do with a free-falling Dollar, you might imagine that Apple will be as apt to raise their US prices on future products rather than drop prices in Canada. So head south and bargain-shop while you can?
As Lars suggest, keep an eye on the greasy Big Mac to get a sense of how/if cross-border prices will converge.
You should include the Big Mac in that table, for us Economist readers who wonder about the PPP theory…
You should include the Big Mac in that table, for us Economist readers who wonder about the PPP theory…
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