[SGVLUG] The impact of currency valuations
Christopher Smith
x at xman.org
Tue Feb 19 14:19:26 PST 2008
http://www.vnunet.com/vnunet/news/2209978/elonex-launches-sub-100-laptop
Note that this computer is sellling for 99 sterling. So, they managed to
stay double digit (admittedly, the devices are fairly different). Now,
notice how the USD has done against the sterling over the last five
years:
http://finance.yahoo.com/currency/convert?from=GBP&to=USD&amt=1&t=5y
Then see how the sterling is doing against the Euro:
http://finance.yahoo.com/currency/convert?from=GBP&to=EUR&amt=1&t=5y
Then you start to realize that this graph isn't all that surprising:
http://finance.yahoo.com/currency/convert?from=USD&to=EUR&amt=1&t=5y
Which makes you realize that if the OLPC project had stated at the
beginning that the XO would be 100 *Euro* per unit, they'd have been
saying pretty much the same thing, but they'd now be basically on
target.
--Chris
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