Study Findings: iPad Costlier in Europe and UK, Most Affordable in U.S.
Study Findings: iPad Costlier in Europe and UK, Most Affordable in U.S.

A study has been able to establish that Britain and Europe are the world's most expensive place to purchase Apple's new iPad PC, with the costs around a quarter higher than what one can buy it at in the United States of America.

While the much-hyped tablet ought to trade at generally the similar price internationally if exchange rates were appropriately adjusting, Australia's CommSec iPad Index established big savings for Europeans traveling to Asia, the United States or even Down Under.

Craig James, Chief Economist at the CommSec share trading division of Australia's Commonwealth Bank said that in the iPad in UK, Germany, France and Italy costs 20-25 per cent extra than in the U. S.

CommSec's index is a current variation on the long-running Big Mac index that is compiled by The Economist magazine and contrasts the price of iPads in 10 nations, as well as Germany, France, Italy, Switzerland, Spain, Britain, Japan, Australia and Canada.

The question is that if Apple has priced its product too high for the European buyers.

Prices for the most affordable, Wi-Fi-only edition range from $499 in the United States to the equal of $620 in Britain for the entry-level 16 gigabyte model. Canada $520, Japan $536 and Australia $533.

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