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Hard drive prices to remain above pre-flood levels until 2014

By Shawn Knight
Jun 8, 2012
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  1. A new report from IHS iSuppli says that mechanical hard drive prices are not expected to return to pre-flood pricing until 2014 despite a rapid recovery process that is in...

    Read the whole story
  2. well bugger me!!
  3. psycros

    psycros TS Booster Posts: 714   +217

    Here's a thought: build your vulnerable technology plants somewhere other than coastal jungles that get monsoon rains every year. What about West Virginia? They'd probably work for about the same as Taiwanese and you never hear about them getting tornadoes and crap.
  4. Jesse

    Jesse TechSpot Staff Posts: 369   +40

    " Pricing held steady at $66 in Q1 2012 while analysts predict asking prices will decline marginally to $65 in the second quarter."

    Pricing of what?
  5. cliffordcooley

    cliffordcooley TechSpot Paladin Posts: 5,981   +1,488

    Thats a good question.
  6. ikesmasher

    ikesmasher TS Evangelist Posts: 1,915   +363

    that is utterly ridiculous.
  7. slh28

    slh28 TechSpot Paladin Posts: 1,925   +170

    Does anyone find it fishy that during this whole hard drive "crisis" there were never any hard drives out of stock (or more so than usual)?
  8. SNGX1275

    SNGX1275 TS Forces Special Posts: 12,539   +301

    And this is why I haven't bought a drive since. The price inflation is pretty artificial, there have been numerous stories about how production shouldn't have been impacted as much as is implied.

    I used to be a huge HD consumer, I have 4 internals and one external on my main machine. Then I have 4 other machines and a couple of them have externals hooked up to them. But since the floods, I've changed my hd usage to deal with what I have now. I really hope I don't lose a 2TB drive, but I simply can't afford to replace one now. If one dies I'm just SOL. Not buying 2-3 year old tech at over the cost it was a couple years ago.
    cliffordcooley likes this.
  9. ikesmasher

    ikesmasher TS Evangelist Posts: 1,915   +363

    when they put one on sale for 50 bucks (750 GB) back in november, it had appeared while I was browsing newegg, and disappeared about 3 or 4 minutes later. so they were at least a little.
  10. Maybe where you live. Over here there were plenty of stores and online retailers that had their stocks depleted, and everytime they managed to get a few more HDD's the price was almost double
  11. LNCPapa

    LNCPapa TS Special Forces Posts: 4,309   +265

    I second this.
     
  12. Scshadow

    Scshadow TS Maniac Posts: 356   +40

    I vow not to buy another hard drive. I'll get laptops without hard drives somehow and buy an SSD for it. Maybe its a bad move because SSDs are price fixed too, I'm just going to hope that SSD price fixing is the lessor of 2 evils. Hard drives can suck it.
  13. I agree...I use to buy Hard Drives but haven't since this artificial crisis began. They are still way over priced. When I repair computers I always search out eBay ones now instead of new ones. Hard Drive manufactures think they are making more money but they aren't with less sales.
  14. Jack Reacher

    Jack Reacher TS Rookie Posts: 16

    Note to HDD manufacturers, (notably Seagate & WD):

    You can lie to a liar and kid a kidder ... But you can't bullshi* an old bullshi**er ... The days of mechanical HDD are numbered and those numbers have been drastically shortened by your obvious greed.
  15. madboyv1

    madboyv1 TechSpot Paladin Posts: 955   +49

    I bought a 1TB drive since I needed a spare for the RAID. It's never safe to run without a spare handy. Other than that I've withheld from purchasing HDDs as well.
  16. This speculation from a forecaster / analyst (I wonder what company payed him / her to research this "data").

    Stinks of hogwash, prices have dropped to or below pre tsunami lvls, this is just a marketing ploy to say hey we might price gauge soon... Again!
  17. someone attached a scan of a field mouse licking bell end chedder off its tassle earlier. gone now
  18. or here in south africa.
  19. treeski

    treeski TS Guru Posts: 875   +130

    Where do you prices at pre-flood levels? I bought a 2TB 7200 RPM for ~$75, and now I can't find the same for less than $120.
  20. yikes yikes - a pig with a barrel in its eye!
  21. $66? $65? What are we talking about here?
  22. I think this is an advertisement to get people who have been waiting for pre-flood prices to return before purchasing additional hard disks, to go ahead and pull the trigger now. I am proud to say I haven't purchased a jar of peanut butter since the prices went up. And I am not gonna purchase a hard drive at these criminal prices until they get back to normal.

    I have an email from newegg telling me about one of their sales where I could purchase a 2TB Western Digital 3.5" hard disk for $69.99. When we get back to those prices, I'll think about buying a new hard disk. Until then I'll keep re-using my old drives. I have a 250gb, a 500gb, a 120gb an 80gb and lots of blank DVDs and BD-Rs. So to Western Digital and the other price gougers, don't wait for me to buy your hard disk. I'll be waiting on YOU. 2014 to get back to pre-flood prices? No problem. That works for me.
  23. Ha ha, no sweat. I'm on the road to get my #4th SDD drive. I'll just wait for my old HDDs to die all .. eventually and I'm sure - by then - there will be no point in buy another HDD, ever!
  24. gwailo247

    gwailo247 TechSpot Chancellor Posts: 2,105   +18

    I am 100% in the same boat as you. I used to buy a new drive when space ran out, but now I either burn stuff onto DVDs or delete it. I can't force myself to spend close to double or at least 1.5 times what I paid for the same drive earlier.
  25. abysal

    abysal TS Rookie Posts: 61   +9

    Yeah this is a nice scam these drive manufactures are running. I'll wait till 2TB drives come down to mid $60's.


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