I’m one of the many millions of people around the planet wondering when, if ever, the prices for mechanical hard drives will drop to their 2010 levels ever again. In 2011 I recorded a price of just R420 for a 500GB hard drive, with 1TB drives from both Seagate and Samsung reaching all-time lows of R650. It was an insanely good deal at the time, considering that for the best part of a year since the Thailand floods and the Japanese tsunami the prices of those same drives have shot up considerably, sometimes to double their original price.
I’ve no problem with manufacturers raising their prices to accommodate funds for rebuilding their factories after a disaster. After Seagate bought out Samsung, I wasn’t surprised that the company dropped those long three-year warranties to make up for their losses. Analysts from iSupply (those geniuses who seem to have figured out exactly how much profit Apple makes off their products) have now said that the current market for hard drives might not settle this year. Or the next. Or the next one after that.