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Why has the price of hard drives gone up so drastically?

post #1 of 11
Thread Starter 
Is it just me? I havent looked at hard drives in a month or two. I checked newegg today and they are asking $240 for a western digital caviar black. I remember seeing it on sale a while back for $140 on newegg.

So what gives? why has the price of hard drives gone up so much?

Wow, a 500gb caviar blue is $120. I bought one like a few months back for $44 shipped.
Edited by AliceInChains - 11/14/11 at 6:27pm
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post #2 of 11
From the dreaded typhoon that hit Thailand a few weeks back. The devastation is leading to a decrease in supply, therefore an increase in demand. I don't know for sure if there is really a shortage, but that is the reason as of now, apparently.
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post #3 of 11
Yep, massive Typhoon in Thailand. I think people might start buying SSD's if these prices don't drop. You can get a 64gb ssd for the price of a 120gb hdd lol.
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post #4 of 11
seems it's already been answered but yes, the shortage from the flooding etc put a damper on many of the harddrive quantities we are seeing at the current time and the price people are asking for them.
    
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post #5 of 11
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post #6 of 11
Thread Starter 
Ok that makes perfect sense. I thought I was going crazy lol.
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post #7 of 11
Scarcity. Thailand factories were destroyed, so less supply = higher prices.
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post #8 of 11
Quote:
Originally Posted by jagz View Post

This: Western Digital's factory

Damn I guess i didn't realize it was that bad.

I seriously might consider an SSD soon.
post #9 of 11
Quote:
Originally Posted by HeWhoDared View Post

Damn I guess i didn't realize it was that bad.
I seriously might consider an SSD soon.

Yep. Personally If I was building today and didn't need ALOT of GB's. I'd get 1 or 2 Crucial M4 128GB's & Keep important documents/pictures/music on a thumb drive.

Ok everyone, What looks out of place here? lmao
Quote:
Hard drive industry is not the only one, as digital camera industry was hit hard: Canon, Nikon, Sony are all hit in double digits, and you can expect prices of digital cameras to go wild as well. No good news come out of car industry as well. North America will see a 50% drop in availability of Honda vehicles, as major component manufacturing was located in the hit area. But that's not just for Honda: Ford, Isuzu, Mazda, Mitsubishi, Nissan and Toyota are all hit hard.
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post #10 of 11
I was wondering why newegg had implemented a 1 hdd per customer rule. This must be why, those pictures are quite startling.
Quote:
Ok everyone, What looks out of place here? lmao
Quote:
Hard drive industry is not the only one, as digital camera industry was hit hard: Canon, Nikon, Sony are all hit in double digits, and you can expect prices of digital cameras to go wild as well. No good news come out of car industry as well. North America will see a 50% drop in availability of Honda vehicles, as major component manufacturing was located in the hit area. But that's not just for Honda: Ford, Isuzu, Mazda, Mitsubishi, Nissan and Toyota are all hit hard.

^^ I found it! ^^
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