Back with a vengeance: SSD prices to surge in 2024

If prices go up, it will probably chase away a good number of people who were planning on buying because prices are so low now. I made a couple of builds recently when prices were low. That said, I still have a couple more builds planned, but I can wait to do them. There's always black Friday next year, or perhaps the manufacturers current strategy will backfire on them and prices will drop again. I think many people are tired of being milked by manufacturers and their "strategy" to keep prices high.
 
Pretty simple: Capitalism 101, Rule #1: Supply & demand.
When the Rona buying surge was nearly over, most mfgr's failed to react fast enough to the declining demand, and ended up with a LOT of extra parts sitting around collecting dust but hardly anyone to sell them too...so they had to take the hit & lower their prices to get their inventory levels back to pre-Rona levels....which unfortunately for them, took almost a full year to accomplish due to their overly-greedy behaviors in 2020 - 2022. IMHO, IT WAS THEIR OWN FAULT for not paying enough attention to the market conditions :)

When I saw the prices dropping like a rock back in September, I looked at my needs for the next 6 months or so, and planned my purchases accordingly (mostly for client builds).

About a week before BF, I noticed that WD's website was selling their 2TB/850x drives at or slightly less than most other e-tailers ($139), and they would allow me to stack my Honey & CC bonus points too, so I started stocking up & ordered 6 of them...which ended up only costing me $112 each...

Then da 'Zon lowered their prices to match WD's, so I got another 6 there too.

Then I started noticing that the 4TB models were dropping also, so I waited a few days & grabbed several of them too for ~$211 each... my clients were REALLY happy that I saved them quite a bit of $$ compared to what I had originally quoted them for the amount of storage & # of drives they wanted...and made myself some extra bank for the holidays too !

I was kinda hoping some 8TB models would go down to, but apparently that was wishful thinking on my part :)
8TB was what I was waiting for, but prices remained stubborn. Since its not a need, it went unpurchased.

I fell like that's going to be more common this year.
 
If prices go up, it will probably chase away a good number of people who were planning on buying because prices are so low now. I made a couple of builds recently when prices were low. That said, I still have a couple more builds planned, but I can wait to do them. There's always black Friday next year, or perhaps the manufacturers current strategy will backfire on them and prices will drop again. I think many people are tired of being milked by manufacturers and their "strategy" to keep prices high.
What were people waiting for? Prices haven't be lower ever than they were. If people didn't buy, then they likely didn't need it at the time.
 
I had an inkling that this was going to be the case coming into the holiday season but neglected to actually try and pick up any storage as I do not currently need it... but I should have assuming that I will need it later this year... A misstep on my part.
I did buy a Crucial T500 2 TB a month ago--and it is still at the amazonian price I paid. (today....)
 
Well I am glad since that will prevent me from buying more storage then I will need in the next two decades.
 
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