Hard drive prices spike...

[jav6454]

I've been going back and fourth on whether i want to expand storage on my mac pro. Currently have 3 500GB and a 1TB in it. and with news that prices may not come back down till 2012 I'm thinking about picking up a few of the drives from best buy

Then you should. I mean, I don't see myself paying $140 for 1 TB... this isn't 2007...

 

[Doc69]

HD price increases by retailers or manufacturers?

I'm wondering if it's the retailers or manufacturers (or both) who are benefitting from the current price hike on hard drives.

As retailers increased their hard drive prices pretty quickly after the floods, they are probably banking the a lot of extra cash on their existing inventory (bought at old prices). However, I'm wondering if the manufacturers, i.e. WD, Seagate etc. have started to raise their prices to the retailers or OEMs yet. Does anyone know?

 

[thewitt]

Supply and demand. The cornerstone of capitalism.

 

[xlii]

I bought one of the new 2.5" 1TB drives back in July and the price was $114 at newegg. I went to buy another one last week and they wanted $239 for the same drive. I'm waiting... that is way to much money for one of these.

 

[Hellhammer]

I'm wondering if it's the retailers or manufacturers (or both) who are benefitting from the current price hike on hard drives.

As retailers increased their hard drive prices pretty quickly after the floods, they are probably banking the a lot of extra cash on their existing inventory (bought at old prices). However, I'm wondering if the manufacturers, i.e. WD, Seagate etc. have started to raise their prices to the retailers or OEMs yet. Does anyone know?

Nobody is benefiting. Their factories are not running, that costs them millions each day. Plus what it costs them to repair the factories after the floods. OEMs most likely have contract prices but contracts are only valid for certain time.

 

[jav6454]

$219.00 USD?!?! For a 1TB 3.5"? Hell no... This is not 2006.

 

[thewitt]

Nobody is benefiting. Their factories are not running, that costs them millions each day. Plus what it costs them to repair the factories after the floods. OEMs most likely have contract prices but contracts are only valid for certain time.

Many contracts include Act of God exclusions which protect against this exact scenario for the manufacturer....