Here’s the Best Place in the World to Buy Apple’s iPad
If you think Apple (NASDAQ:AAPL) products in the U.S. are too expensive, then you definitely shouldn’t go iPad shopping in Argentina. According to Commonwealth Bank of Australia subsidiary CommSec, a 16GB iPad with Retina display and Wi-Fi capability costs $1,094.11 in Argentina, reports The Wall Street Journal.
The same iPad model retails in the U.S. for $499. On the other hand, Malaysia may be the best place in the world for Apple bargain hunters. Consumers in Malaysia can buy Apple’s 16GB iPad for $473.77 — the lowest iPad price found in any country.
CommSec has been tracking the prices of various Apple products in markets around the world since 2007 as a way to keep track of currency values. The price differentials help CommSec to determine if a country’s currency is valued at the appropriate level.