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December 18th, 2008, 04:43 PM | #1 |
New Boot
Join Date: Nov 2008
Location: Miami, FL
Posts: 9
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Why the sudden price change 500 more
i was just looking at b&h and i noticed the xh-a1s are 500.00 more than yesterday.. i was just thinking of getting it to.. guess im sticking with the a1 and letus : - I
does anyone know the reason for this? |
December 18th, 2008, 04:56 PM | #2 |
Inner Circle
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Been coming for a while...........
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December 18th, 2008, 05:06 PM | #3 | |
Major Player
Join Date: Sep 2007
Location: Western Minnesota
Posts: 227
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Quote:
Canon | XH-A1s 3CCD HDV Camcorder | 3238B001 | B&H Photo Video XH A1 at around $3K. Wish I could have paid that a year ago. :) |
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December 18th, 2008, 05:14 PM | #4 | |
Wrangler
Join Date: Dec 2002
Location: Mays Landing, NJ
Posts: 11,800
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The strong yen is hurting the Japanese electronics industry and some companies are raising prices. Not sure about Canon, but I saw a story about Sony raising prices recently.
Dollar falls to 13-year low against yen: Financial News - Yahoo! Finance Quote:
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December 18th, 2008, 06:13 PM | #5 |
Major Player
Join Date: Aug 2007
Location: Sydney Australia
Posts: 358
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Canon will be raising prices by 10 to 15 percent
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December 19th, 2008, 04:41 AM | #6 |
Trustee
Join Date: Jan 2008
Location: North Conway, NH
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Interesting. I haven't seen anything from Canon indicating that, but some price reaction is to be expected given the Yen's strength against major world currencies.
On the other hand, global currency valuations have been in a spastic state of flux since the world's economy started to crater. Since last August, the US$ went from about 110 Yen down to about 89 at the close yesterday. The Euro and the Pound Sterling are trying to equalize. The currency markets are reacting to a bunch of things, including each government's moves to prop up their economies. For example, the US$ fell to near 87 around the recent US "Fed" move. I say this because there is so much volatility in so many segments of the world's economies, including the currency markets, it would be quite hard to forecast where prices might be for any products even as little as three months out. A price increase of 15% for Canon products would be a stunner in this context. |
December 19th, 2008, 06:23 AM | #7 |
Regular Crew
Join Date: May 2004
Location: Vancouver, B.C. Canada
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Another factor. The collapse of the container shipping industry means containers of goods are piling up in Asia. Fewer goods means higher prices.
This report was on CBC News a couple weeks ago. YouTube - Shipping Sinking |
December 19th, 2008, 10:08 AM | #8 |
Wrangler
Join Date: Dec 2002
Location: Mays Landing, NJ
Posts: 11,800
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Yeah, it's very hard to know where things are heading. With the terrible economy, people just aren't buying much. That might drive prices lower. OTOH, it might also cause the supply of electronics stuff to dwindle because retailers don't want products piling up in their stock rooms.
But if you're working, and if you can afford a new camera then you should be happy. :-) |
December 19th, 2008, 05:52 PM | #9 | |
Trustee
Join Date: Jan 2008
Location: North Conway, NH
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Quote:
True, if demand remains the same. A similar drop in buyers mitigates the pricing pressure. That's a possibility in market. If anyone says they know what's going to happen in the economy tomorrow, next week, or next month, they're lying. Even the really smart guys are throwing out nothing but SWAGs. |
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December 27th, 2008, 10:56 PM | #10 |
New Boot
Join Date: Jul 2008
Location: Wayne PA
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very strange indeed:
On this B&H webpage, the cam is $3999 Canon | XH-A1s 3CCD HDV Camcorder | 3238B001 | B&H Photo Video BUT on this B&H webpage, the same cam appears to be $2999 (thousand bucks less) ! Canon | XH-A1 3CCD HDV Camcorder | 1191B001 | B&H Photo Video what's the difference? |
December 28th, 2008, 02:17 AM | #11 | |
Trustee
Join Date: Jun 2006
Location: Burbank
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Quote:
XH-A1 (original) $2,999. XH-A1s (with the "s" at the end, the updated model, just released) $3,999. There are extensive discussions about here on the differences and the value of the new features in any given situation. If I were buying now, I would buy the new "s" model and pay the extra. However, the picture is the same on both. With the new model out, the original is a good deal for a "B" cam, and there might be some really good deals on used original models that would be great for a "B" and a "C" cam. (I am not upgrading my XH-A1, because I also have a JVC-110, and I am very interested in the new JVC small camera that is supposed to be available or be near to be available about NAB time. Incidentally, I understand that the target price for this camera is also $4,000.) |
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