iPad Mini Price in Malaysia Prediction

When will iPad Mini arrive in Malaysia? At the time of writing this article, there is no announcement from Apple yet. But we know that the first 26 countries will have the privilege of pre-ordering their iPad Mini from Apple Online Store and get them delivered by 02 November 2012. We also know that by 02 November 2012, the Wi-Fi only model iPad Mini will be on sale at the retail stores in 34 countries (Malaysia is NOT in the list) and then two weeks later, the Wi-Fi + Cellular model will be made available to USA market only. Although there is no announcement from Apple yet, we predict that earliest by early December, iPad Mini might be made available to Malaysia. However, the more realistic arrival date should be around end of December 2012 or even by January 2013. To read more about our coverage on iPad Mini and to see the list of countries who will get the device first, visit this link: http://www.ipadclubmalaysia.com/ipad-mini/. In this article, we will do an iPad Mini Price in Malaysia Prediction.

iPad Mini

Let us first see how much is the iPad Mini priced in the USA in US Dollar:

Wifi Only Model:
16GB: US$329.00
32GB: US$429.00
64GB: USD529.00

Wifi + Cellular Model:
16GB: USD459.00
32GB: USD559.00
64GB: USD659.00

iPad Mini Price in Malaysia Prediction Method #1:
As we all know, after the recent QE3 by the US Federal Reserve, the US Dollar strength have weaken further against the Malaysian Ringgit. The exchange rate I get from Google.com today (27 October 2012) is 1 US$ = 3.04 Ringgit Malaysia. So, a simple mathematic calculation will give us the following price list for the iPad Mini (with some minor adjustments):

Wifi Only Model:
16GB: US$329.00 = RM999.00
32GB: US$429.00 = RM1,299.00
64GB: USD529.00 = RM1,599.00

Wifi + Cellular Model:
16GB: USD459.00 = RM1,399.00
32GB: USD559.00 = RM1,699.00
64GB: USD659.00 = RM1,999.00

However, we know that the above way of calculation is too optimistic as Apple might have already lock-in a certain exchange rate with the Malaysian Ringgit, causing a higher price.

iPad Mini Price in Malaysia Prediction Method #2:
In this method of prediction, we use the latest Apple Product available in both the Apple USA Store and Apple Malaysia Store, calculate the exchange rate and apply that rate to calculate the probable price for iPad Mini. The latest product we have today is the 13″ MacBook Pro with Retina Display, which was announced on the same day that the iPad Mini was unveiled.

13″ MacBook Pro with Retina Display Price in Apple USA Store = US$1,699.00
13″ MacBook Pro with Retina Display Price in Apple Malaysia Store = RM5,299.00

5299/1699 = 3.12

Therefore, using the exchange rate of 1 US$ = 3.12 Ringgit Malaysia gives us the below price list for iPad Mini:

Wifi Only Model:
16GB: US$329.00 = RM1,029.00
32GB: US$429.00 = RM1,339.00
64GB: USD529.00 = RM1,649.00

Wifi + Cellular Model:
16GB: USD459.00 = RM1,429.00
32GB: USD559.00 = RM1,739.00
64GB: USD659.00 = RM2,049.00

This method might sound more accurate, but it has been proven wrong by the pricing of the recently released 5th Generation iPod Touch. In the USA, the iPod Touch is selling at US$299 while in Malaysia, it is priced at  RM1049, resulting from an exchange rate of 1 US$ = 3.51 Malaysian Ringgit. With the iPad Mini selling at US$329 in the USA, how could it be cheaper than RM1049 in Malaysia? Applying similar exchange rate at 3.51 will yield an iPad Mini starting price of RM1,149.00??

iPad Mini Price in Malaysia Prediction Method #3:
The below are price list of iPad Mini if exchange rate of 3.51 is used, which we believe should be the highest possible price of iPad Mini, but will less likely to be these numbers:

Wifi Only Model:
16GB: US$329.00 = RM1,149.00
32GB: US$429.00 = RM1,499.00
64GB: USD529.00 = RM1,849.00

Wifi + Cellular Model:
16GB: USD459.00 = RM1,609.00
32GB: USD559.00 = RM1,959.00
64GB: USD659.00 = RM2,309.00

iPad Mini Price in Malaysia Prediction Method #4:
In this method, we ignore other Apple products conversion rate and use only the iPad with Retina Display conversion rate. We believe this method of calculation is the most accurate way of predicting the price. With WiFi only 16GB iPad with Retina Display selling at $499 in the US and RM1499 in Malaysia, the exchange rate to use for our prediction here is 1 US$ = 3.00 Ringgit Malaysia.

Wifi Only Model:
16GB: US$329.00 = RM999.00
32GB: US$429.00 = RM1,299.00
64GB: USD529.00 = RM1,599.00

Wifi + Cellular Model:
16GB: USD459.00 = RM1,399.00
32GB: USD559.00 = RM1,699.00
64GB: USD659.00 = RM1,999.00

Note that the calculated price list using Method #4 gives us the same result we get from Method #1.

Conclusion:
While there is no guaranteed price list for the iPad Mini lineup as Apple can set any price tag they like, we felt that Prediction Method #4 gives us the most probably price list for the iPad Mini lineup when it arrives in Malaysia. Let’s hope our prediction #4 is correct and iPad Mini price in Malaysia will be the lowest in the world.

If you’re interested to know what are the current iPad Prices in Malaysia, click on the following link: http://www.ipadclubmalaysia.com/ipad-price-malaysia/.

What do you predict iPad Mini Price in Malaysia will be when they arrive? Share your thoughts with us in the comment section below.

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11 Responses to “iPad Mini Price in Malaysia Prediction”

  1. Likely the 4th method.

  2. As long as it doesn’t exceed 1500 for 16gb wifi + cellular, I’m happy.

  3. If it’s lower than RM1500 for wifi & cellular, I think I’m going to have one.

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