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HDD Crisis Was Fake: Seagate and Western Digital Post Big Profits

Discussion in 'Storage' started by lyndonguitar, May 3, 2012.

  1. xenocide


    Mar 24, 2011
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    Burlington, VT
    There's a difference between there being a shortage and rising prices, and prices doubling or tripling over night because they MIGHT run out. As an analogy, Gas prices have been on the rise and slightly falling as of recent, but never did it go from $4/gal to $8/gal over night. That's basically what happened with HDD's, and it is just unheard of.

    The price adjustments usually come from the people at the highest end of the chain adjusting for increased demand or diminished supply. If that was the case, we should have seen HDD prices slowly increase over days or weeks because they were starting to get low on them. It is entirely speculation when you preemptively jack up prices expecting that maybe at some point there will be a severe shortage. We should have seen 1TB HDD's go from $60, to $80/90, up into the hundreds, and then peak just before the factories came back online at the sky high prices we saw for a few months.

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