$3.20 for an 8MB iPod Nano? Not if Steve Jobs can help it.
Yet that's what it would cost if the pricing matched that of hard drives. FutureShop this week is advertising a 500GB external drive for CDN$230 -- about US$200. That's 40 cents a gigabyte.
Over at A&B Sound, they have a 30GB Phillips MP3 player for the equivalent of US$175. It works out to $5.80 per gigabyte.
As cheap as the Phillips price is, it's still a 14x premium over that 500GB external hard drive that could play back MP3 music unrepeated for an entire year (after it's hooked up to a $400 computer).
My kids grimmice when they see that sort of pricing, having bought their MP3 players when capacities were still under 1GB and pricing was over $200.