This iHome portable stereo speaker is for your ipad, iphone or ipod. It was given to us as an engagement gift from an out of town relative so I don't have a receipt to exchange it for something else. We were given 2 other speaker sets so we just don't a third.
Its brand new, never used and never taken out of the box. We looked and it can be bought at Costco for $80.
The $55 is a firm and fair price.