The iPod International Currency Index

Snad writes "The BBC is reporting that an Australian bank has adopted the price of Apple's iPod as a means of tracking international currency values. Similar to The Economist's Big Mac index, this 'iPod index' tracks the price of a 2-GB iPod Nano around the globe and uses purchasing power parity to determine relative currency value. A sample quote: '"The index suggests that the US dollar has potential to appreciate against a range of major currencies, with the Australian dollar about 15% overvalued against the greenback," said Craig James, Commonwealth Securities' head economist.' The cheapest place to buy an iPod is Canada — $144 (but Hong Kong and Japan are almost as cheap); the most expensive is Brazil — $327."

Comments

Re:*Yawn*, Slow newsday?

[MysteriousPreacher]

The iPod sucks compared to other platforms (i.e. Creative Zen Vision W), and its software is very annoying (MAC software that is not intuitive on a PC) and highly restrictive (DRM, can't create folders in Video ipod, iTunes, etc). The only thing it has going for it is its stylish hardware and huge marketing campaign.

It's written 'Mac', not 'MAC'. Writing it as Mac is one of those rediculous typing errors memes that seen to plague teh interweb.

Also, there's no such thing as Mac software on a PC unless the PC is running Mac OS. What you're saying is like claiming that Microsoft Office for Mac is Windows software simply because it was developed by the company that develops Windows.

Re:iPod vs. Big Mac Index

[cheater512]

Whats with your spelling of 'Chinese'?

Re:*Yawn*, Slow newsday?

[antifoidulus]

You do realize that your priorities are not the same as everyone elses correct? You do realize you are not the end all be all of the world, correct? You do realize that you need actual evidence to claim something is overpriced, correct? Get over yourself. The iPod didn't work for you, that doesn't mean it is a flawed product. I don't want or need a ferrari, does that mean ferraris suck? Nope, just that I don't need one. You don't want or need an iPod. Does that really say anything about the iPod? Nope, just that you don't want one. As I said before, get over yourself.

Re:This is Slashtap

[eldepeche]

Oh man, that's really funny. What movie is that from? I've never heard anything like that.

Re:This is Slashtap

[Dogtanian]

"This is Spinal Tap", a mock rock documentary.

Lots of people seem to love it, but I have admit that I didn't find it funny. Sure, there are some good quotes (like that one), but overall it just didn't do anything for me. OTOH, that's just my $0.02...

Re:This is Slashtap

[gunnk]

I have a Fender Hot Rod Deluxe amp. Dang thing goes to 12. Seriously (you can look at the pics over at Musicians Friend).

Funny thing is that it actually kind of needs to do so just to give you a few more gradations on the volume control. Four is loud enough to rattle the windows.

Oh, it's also filled with warm wonderful Sovtek vacuum tubes. That's "Soviet Technology" since that's about the only place anyone can get tubes anymore...