HDD Prices Remain Higher than Pre-flood Levels
The terrible flooding over in Thailand sent prices into the sky and supply into the ground. Well, it’s been a while since the flooding has been over, but we haven’t seen prices fall all that much. In an interesting article, Joel Hruksa over at ExtremeTech compares HDD and SSD prices from before the flood, during the flood, and from now, in a series of handy charts and graphs.
It’s interesting to see how much prices actually rose, and how little they’ve fallen. For example, a 1TB Seagate Barracuda (Newegg number N82E16822148697) cost $55.99 in Q3 of 2011, before the flood. The price soared to $139.99 by January 22, 2012. Since then, the price has fallen to $99.99, $40 more than the price before the flooding happened.
Why are HDD companies keeping prices high? Well, part of it might be to cover some of the losses that happened during the flooding month, but most of it is just because they can. Companies such as Seagate and Western Digital have remained in the green, despite the lack of supply. With demand staying high even with the higher prices, anyone could easily see why companies are keeping prices high.
If you want to read the whole article, and see all the comparisons, be sure to check out ExtremeTech.