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[SP] HDD Crisis Was Fake: Seagate and Western Digital Post Big Profits - Page 18  

post #171 of 237
Yet prices are still double what they were.......
    
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post #172 of 237
Well I am relieved...anything suggesting that the prices are going to come back down now?
post #173 of 237
Quote:
Originally Posted by Heavy MG View Post

It might sound rather crazy but what if WD and Seagate told the sellers to limit the sales of HDD's?

Highly unlikely, as that would run afoul of anti-trust regulations in many countries, and the flooding that happened in Thailand is a very real thing that has been documented.

The idea that this whole thing was a big scam is ludicrous. Pure fantasy.

The idea that they have milked the situation on the other hand, well that is very likely.
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post #174 of 237

 

Quote:
Originally Posted by Mygaffer View Post

Quote:
Originally Posted by Heavy MG View Post

It might sound rather crazy but what if WD and Seagate told the sellers to limit the sales of HDD's?

Highly unlikely, as that would run afoul of anti-trust regulations in many countries, and the flooding that happened in Thailand is a very real thing that has been documented.

The idea that this whole thing was a big scam is ludicrous. Pure fantasy.

The idea that they have milked the situation on the other hand, well that is very likely.

 

 

WHere have u been^ ...?

 

 

We know what happened, but they posted record profits & sold more HD than last year, while HD prices were 2x higher. Which suggest they USED the flood, to gouge their customers...!

 

In collusion..

post #175 of 237
Well i took back my own slice of seagate profit..... I butchered a Samsung spinpoint drive to recover my data, and still returned it for rma... expecting the worse, but no its being replaced for new biggrin.gifthumb.gif
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post #176 of 237
Not shocked. I figured they were going to take advantage of the situation.

Never let a crisis go to waste..
post #177 of 237
Note... shipments != produced. HDDs companies have a stock pile of HDDs. The impact of the floods is longer term production... not short term shipments.
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post #178 of 237
whether the floods caused the prices to rise or they just decided they needed to make more money, where do people get this sense of entitlement to low prices on parts? you dont get to decide how much the companies are or arent allowed to make/charge for their products. if you dont like the prices, dont buy it. but dont complain about it in the mean time.
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post #179 of 237
Quote:
Originally Posted by Rubers View Post

Quote:
Originally Posted by Brutuz View Post

Wolfdale was a shrink, not Intel making a new /heavily different architecture release. tongue.gif
People, seriously. This article is sensationalism...If it was true then we'll hear about an inquiry in a few months/years but the fact of the matter the other parts of the production process got hit badly. Think like if Foxconn had a massive fire that destroyed their factories, sure it didn't hit ASUS, Gigabyte, etc but their motherboard prices sure as hell would go up.

Like I said, at best I think manufacturers sold existing stock at inflated prices to profit from this. At worst, this article is right.

Definitely. That's normal and (iirc) hardly illegal, because otherwise they'd run out of stock ultra fast and cause shortages.

Does anyone here actually read the topic? This news source is being sensationalist and not really looking at any facts...Nidec was hit and they make the motors for practically all HDDs.
    
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post #180 of 237
Bought my spinpoints for 50 last year and now theyre 110 on newegg. AWESOME!
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