iLounge

1

“The price drop is an apparent response to the increased value of the U.S. dollar relative to the value of the Canadian dollar.”

That would be the increased value of the Canadian dollar relative to the US dollar.

Posted by aviationwiz on June 7, 2006 at 3:13 PM (PDT)

2

Even with the price drop, at the current conversion rate, iPods in Canada cost approximately $320 US.  For an even price in both counrties iPods would have to drop to $329 CAD.

Posted by Mark C. on June 7, 2006 at 3:30 PM (PDT)

3

One US dollar buys more Canadian currency today than it did a year ago, which is increased value of the US dollar versus the Canadian.

Posted by Jeremy Horwitz in East Amherst, NY, USA on June 7, 2006 at 4:32 PM (PDT)

4

Actually one canadian dollar buys more US dollars that it did a year ago.

Posted by trekbiker on June 7, 2006 at 4:44 PM (PDT)

5

of course apple does this 2 weeks after i by my
60g video ipod!!!!

Posted by jill on June 7, 2006 at 5:04 PM (PDT)

6

“One US dollar buys more Canadian currency today than it did a year ago, which is increased value of the US dollar versus the Canadian.”

Wrong. From http://www.oanda.com/convert/fxhistory one year ago today, 1 USD could buy 1.24480 CAD. Today, 1 USD can buy 1.1135 CAD.

That reflects a significant decrease in the value of the US dollar with respect to the Canadian dollar (and basically the rest of the world).

Posted by me on June 7, 2006 at 5:10 PM (PDT)

7

Jill, see if it’s not too late to return it. Don’t you normally have 14 days or something? Might you be able to return it just in time? I think there would be a restocking fee anyway though, so you might lose as much or more on that than you would gain, so it might not be worth the effort anyway.

Posted by catboy17 on June 7, 2006 at 5:20 PM (PDT)

8

@ Jeremy Horwitz

“One US dollar buys more Canadian currency today than it did a year ago, which is increased value of the US dollar versus the Canadian.”

if that were the case Apple would get less $US from their Canadian sales, so they’d have to increase the sales price in Canada and not decrease it…

Posted by mike on June 7, 2006 at 6:08 PM (PDT)

9

um, Jeremy… think about it….....

might want to edit it, you’re sounding a wee bit silly.

Posted by kloan on June 7, 2006 at 6:30 PM (PDT)

10

One 1 canadian dollar equals about 90cents right about now.

Posted by Canadian Man on June 7, 2006 at 6:30 PM (PDT)

11

er.. Larry, that is.. since he wrote it..

Posted by kloan on June 7, 2006 at 6:32 PM (PDT)

12

This is terrible news.  We should always charge canadians more.

Posted by Steve Ballmer, eh. on June 7, 2006 at 7:48 PM (PDT)

13

It’s been edited. My error on the commentary (I saw the 2005 and 2006 exchange rates in reverse order), sorry about that.

Posted by Jeremy Horwitz on June 7, 2006 at 8:00 PM (PDT)

14

Jill- Lots of times you can just take your receipt in and get your money (the difference) back.  You don’t usually need to even bring in the product.

Posted by Monkeykong99 on June 7, 2006 at 9:29 PM (PDT)

15

Sweet. As a Canuck, this is good news. I just bought my 30 gig iPod video a week or two ago at BestBuy, and now I can go there to get some cash refund on the difference thanks to their in-store price-change policy. I love getting money back.

Posted by Jeebus on June 8, 2006 at 12:03 AM (PDT)

16

You should also remember there’s a levy taxed on iPods for the canadian recording industry. same thing on blank cds and dvds.

Posted by Paul on June 8, 2006 at 6:07 AM (PDT)

17

@Paul
the Canadian levy was long removed on ipods
and apple has been giving refunds. see http://www.apple.ca

see
http://www.cbc.ca/story/arts/national/2004/12/17/Arts/levy041217.html

Posted by psxp on June 8, 2006 at 6:19 AM (PDT)

18

If this is a price correction, shouldn’t they lower the price of the Nanos $15 to $20CDN?

Posted by Zaphod Beeblebrox on June 9, 2006 at 6:49 AM (PDT)

19

If Apple Canada brought out updated Nanos, then we would see a price decrease based on the cdn$ exchange.

Posted by capricorn1267 on June 9, 2006 at 7:35 PM (PDT)

20

I would hate to live in canada!

Posted by LawnBoy on June 12, 2006 at 2:18 PM (PDT)