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Hard drive supply is back in full force, but prices remain high
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The following comments relate to this news article:
article published on 30 May, 2012
Last year, a historical flood in Thailand left 13 million people homeless and a significant amount of factories with over 3 feet of water.
Many of those factories were used to produce hard drives and the flood led to high demand and small supply, an unfortunate situation for consumers. In April, the research firm IDC said that although supply is coming back quickly, the HDD makers are ... [ read the full article ]
Please read the original article before posting your comments.
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RichardvonBacon
Junior Member
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30. May 2012 @ 10:33 |
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2GB HDD for 70 dollars? Must be a typo ;)
I, for one, won't be buying any new HDD's until they normalize the prices. Greedy bastards!
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Senior Member
1 product review
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30. May 2012 @ 10:37 |
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Idiots have tasted greed in a depression & now it will be impossible to get them to lower the prices. Between manufacturers building new computers & vendors 'having' to purchase replacement drives these manufacturers have started to believe their own bullshit business model of 'what the market will bear'.
I'm not even sure a boycott would force these guys back into reality.
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hendrix12
Newbie
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30. May 2012 @ 11:57 |
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Not sure where you guys get your data but i just bought a 320Gb WD Caviar Blue for $70
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deucezulu22
Junior Member
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30. May 2012 @ 12:05 |
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Originally posted by hendrix12:
Not sure where you guys get your data but i just bought a 320Gb WD Caviar Blue for $70
Sorry man, but 320GB for $70 is nothing. I bought my last HDD two years ago and got a 500GB for $50 at Wal-Mart. HDD prices are way to high right now and we the consumers are getting shafted.
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yellowsub
Junior Member
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30. May 2012 @ 12:20 |
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OK guys I know this is probably not what you want to hear but higher prices in the short term are good!
1- The price is just a way of transmitting information. We use that information to change our behavior so when the price goes up the people who value it the most will pay the higher prices, those who value it the least will not make purchases and those who value it but don't want to pay the increased prices will try to find substitutes.
2- The higher prices encourages production, since margins are high existing firms will try to produce more - call it greed if you like
3 - The higher profit margins will only encourage other players to enter that market which will increase the supply even more thereby further driving the price down till it reaches equilibrium.
The market is a not a perfect Utopian solution instead it's a dynamic process. Sure sometimes it sucks in the short run but that is reality.
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Junior Member
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30. May 2012 @ 12:20 |
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Originally posted by deucezulu22:
Originally posted by hendrix12:
Not sure where you guys get your data but i just bought a 320Gb WD Caviar Blue for $70
Sorry man, but 320GB for $70 is nothing. I bought my last HDD two years ago and got a 500GB for $50 at Wal-Mart. HDD prices are way to high right now and we the consumers are getting shafted.
My last hard drive purchase was a 1.5TB Samsung drive from Newegg almost 2 years ago for $45. Without the $25 off coupon it still would have been only $70.
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stuntz0rZ
Junior Member
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30. May 2012 @ 12:22 |
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People still use hard drives? i been using ssd for over a year now.
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Interestx
Senior Member
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30. May 2012 @ 12:33 |
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Originally posted by LordRuss:
Idiots have tasted greed in a depression & now it will be impossible to get them to lower the prices.
Oh I don't know.
If there are a lot of people doing what I have been doing lately (digging out all my old 1tb drives which had been shelved when the 2tb replacement ones came along) & simply refusing to pay these stupid prices I don't think it'll be too long until prices are forced down.
I can wait.
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MReprogle
Member
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30. May 2012 @ 12:39 |
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Originally posted by stuntz0rZ:
People still use hard drives? i been using ssd for over a year now.
Really? Good for you. I'll stick to normal hard drives for my 8TB RAID media server. Otherwise, it'd cost me thousands to put together. Of course people still use hard drives.
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Jeffrey_P
Senior Member
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30. May 2012 @ 12:51 |
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Originally posted by MReprogle:
Originally posted by stuntz0rZ:
People still use hard drives? i been using ssd for over a year now.
Really? Good for you. I'll stick to normal hard drives for my 8TB RAID media server. Otherwise, it'd cost me thousands to put together. Of course people still use hard drives.
No real reason to go SSD until the prices comes down even more then recently and the capacities also increase. Just another toy to waste money on.
$1000.00 video cards? I laugh....
Jeff
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Senior Member
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30. May 2012 @ 14:43 |
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Yeah, SSD's will not replace HD's anytime soon... if ever.
It would cost tens of thousands of dollars to replace my HD's with SSD's.
The article does not mention the OTHER problem that this "flooding" caused...
The lack of R&D
Prior to two years ago, the size of a consumer hard drive was doubling about every year and a half.
I should be able to buy a 4TB HD for $99 right now. Instead they are offering the SAME FREAKING HD's from two years ago at 40% markup.
I might be cajoled into buying at those prices... if the sizes were increased.
But, 2 years ago I was buying 2TB for $70. I'll wait.
Oh, Im sorry... Did the middle of my sentence interrupt the beginning of yours?
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JST1946
Senior Member
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30. May 2012 @ 15:14 |
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Last September I bought 4 1TB internal hard drives from CompUSA for $40 and a 1 TB external from Target for $50 so I think I'm good for a while.
20 Year U.S.Army Veteran.Vietnam 1969-1972 101st Abn.Div.
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AfterDawn Addict
1 product review
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30. May 2012 @ 15:33 |
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Originally posted by stuntz0rZ:
People still use hard drives? i been using ssd for over a year now.
WOW, I mean holly shit, are you special, or what?!!!
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Jeffrey_P
Senior Member
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30. May 2012 @ 17:46 |
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Originally posted by ThePastor:
Yeah, SSD's will not replace HD's anytime soon... if ever.
It would cost tens of thousands of dollars to replace my HD's with SSD's.
The article does not mention the OTHER problem that this "flooding" caused...
The lack of R&D
Prior to two years ago, the size of a consumer hard drive was doubling about every year and a half.
I should be able to buy a 4TB HD for $99 right now. Instead they are offering the SAME FREAKING HD's from two years ago at 40% markup.
I might be cajoled into buying at those prices... if the sizes were increased.
But, 2 years ago I was buying 2TB for $70. I'll wait.
I still have a working 10 Meg IBM full-height MFM drive to keep things in perspective.
You can't fit a FLAC/WAV or 320k MP3 audio file let alone an OS on the old beast. LoL!!
Yes going from old 14" disk packs, Seagate 5.25" (ST251) half-height and so on is incredible. Kids can't appreciate old school stuff because they didn't live it. SSD is the lick to them. Eventually SSD will be the way but not today.
Jeff
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Senior Member
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30. May 2012 @ 18:03 |
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I have a picture on my wall showing 4.5GB....
In punch cards!
It's an entire warehouse! :D
Oh, Im sorry... Did the middle of my sentence interrupt the beginning of yours?
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ivymike
Member
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30. May 2012 @ 19:18 |
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Originally posted by yellowsub:
OK guys I know this is probably not what you want to hear but higher prices in the short term are good!
1- The price is just a way of transmitting information. We use that information to change our behavior so when the price goes up the people who value it the most will pay the higher prices, those who value it the least will not make purchases and those who value it but don't want to pay the increased prices will try to find substitutes.
2- The higher prices encourages production, since margins are high existing firms will try to produce more - call it greed if you like
3 - The higher profit margins will only encourage other players to enter that market which will increase the supply even more thereby further driving the price down till it reaches equilibrium.
The market is a not a perfect Utopian solution instead it's a dynamic process. Sure sometimes it sucks in the short run but that is reality.
Time for you to get your head out of your ass and smell the shit you're shoveling.
Greed is a sin and I home these companies get what's coming to them.
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bobwheel2
Junior Member
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30. May 2012 @ 21:23 |
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Originally posted by RichardvonBacon:
2GB HDD for 70 dollars? Must be a typo ;)
I, for one, won't be buying any new HDD's until they normalize the prices. Greedy bastards!
you need to get yourself a new pair of glasses - it says 2tb not gigabyte.
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Jeffrey_P
Senior Member
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30. May 2012 @ 21:24 |
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Originally posted by ThePastor:
I have a picture on my wall showing 4.5GB....
In punch cards!
It's an entire warehouse! :D
80 column keypunch cards ruled in the day. That's how our tax
returns were mailed to us.
"Do not fold, spindle or mutilate!" ;)
My first real job was an FSE. No PC's, just IBM and Tab products keypunch, verify 200 pound mechanical monsters. Can't say I miss them very much.
Jeff
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snardos
Junior Member
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30. May 2012 @ 21:30 |
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Originally posted by bobwheel2:
Originally posted by RichardvonBacon:
2GB HDD for 70 dollars? Must be a typo ;)
I, for one, won't be buying any new HDD's until they normalize the prices. Greedy bastards!
you need to get yourself a new pair of glasses - it says 2tb not gigabyte.
It definitely said 2GB before. I noticed the same thing.
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Senior Member
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31. May 2012 @ 00:46 |
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i got a 2td wd for my birthday last year and a 650gb acer portable for xmas 2010 im good for a while.
custom built gaming pc from early 2010,ps2 with 15 games all original,ps3 500gbs with 5 games all original,yamaha amp and 5.1channel surround sound speakers,46inch sony lcd smart tv.
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hearme0
Senior Member
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31. May 2012 @ 01:04 |
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And this comes as a surprise to everyone????????
This is no different than the US gasoline situation. Slowly creeping up to the 5 dollar mark by inflating, deflating, inflating a little more then deflating a little less then inflating EVEN more and deflating even less to create a "comfort zone" or a level of "expectancy" regarding the prices THEY want to be at.
There will likely be no "normalizing" so get used to these prices for many many years to come my friends.
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hearme0
Senior Member
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31. May 2012 @ 01:08 |
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Originally posted by stuntz0rZ:
People still use hard drives? i been using ssd for over a year now.
Really.......???
Did you seriously make that lame-ass statement???
Unless you're rolling in the dough........your ass ain't using no SSD for general/mass storage so pipe down with your nonsense comment! Perhaps a 128GB SSD for your C: drive but HDD are still the defacto for large storage.
Sheesh! I can't believe I wasted my time responding to you. I want my 60 seconds back!
Typical "Newbie" statement!
This message has been edited since posting. Last time this message was edited on 31. May 2012 @ 01:11
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Senior Member
1 product review
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31. May 2012 @ 10:35 |
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Originally posted by ivymike:
Greed is a sin and I home these companies get what's coming to them.
*old man clearing his throat*... you need to calm down... Greed is an emotion brought on by a conscious decision of the individual whom is enticed by material wealth, power or indulgences of the flesh. Thought of the boogey man & what he/she will do to them is inconsequential.
Otherwise we would actually see people actually behaving themselves throughout recorded history. yellowsub was just being poignant (as well as redundant) with information that the rest of the old timers have repeated ad nauseum.
Originally posted by Interestx:
Originally posted by LordRuss:
Idiots have tasted greed in a depression & now it will be impossible to get them to lower the prices.
Oh I don't know.
If there are a lot of people doing what I have been doing lately (digging out all my old 1tb drives which had been shelved when the 2tb replacement ones came along) & simply refusing to pay these stupid prices I don't think it'll be too long until prices are forced down.
I can wait.
I'm glad you don't need the same amount of storage space as me & some of the rest of us do. It's not 'quite' the doom & gloom I was writing about.
Probably back before you were born, CDs just started making their way onto the music shelves. They promised to go from their $12 price tag (records were only $7) & be even cheaper within a year or so once everyone had a player. It NEVER happened. They saw that people were paying the price & never changed their ways.
Kinda my point here. So unless "Bob's Hard Drives" starts a new company & offers HDDs at a price to get these companies to loosen their sphincters... We may be in for an even longer ride.
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ronhondo
Junior Member
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31. May 2012 @ 17:32 |
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It's Simple ... Don't Buy !
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