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[SP] HDD Crisis Was Fake: Seagate and Western Digital Post Big Profits - Page 19  

post #181 of 237
Considering the price, I'm tempted to grab a Seagate 3Tb for $170. Pretty good deal, especially the sequential reads and writes.
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post #182 of 237
Quote:
Originally Posted by TurboMach1 View Post

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.

We can complain about it as much as we like. BigWhoopwannafightaboutit?
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post #183 of 237
Really no surprise...If indeed it is true....which in my mind, and words many months ago it is. I understand there was a tragic event involved, but to set that aside and look at the business stand point.......did they store every single hdd manufactured in the country stricken with said event? No, I don't think so. So they spike prices, while getting things back in motion, never run out of stock that is sitting in warehouses here in the us, and profit.
    
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post #184 of 237
Even if they have stock in the warehouses, people will expect prices to go up and buy a lot of HDDs if its low meaning then we would have had a shortage.
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post #185 of 237
it really does make sense. Granted we couldn't grab any spinpoint f3's or other desired internals, but there always seem to be a boatload of externals available. And logic dictates you need hard drives to make external hard drives, lol
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post #186 of 237
this is really simple, want hdd prices to go down? stop buying them. Give the poor manufacturers time to recover from the tsunami, no need to strain their crippled output.
post #187 of 237
Quote:
Originally Posted by hazarada View Post

this is really simple, want hdd prices to go down? stop buying them. Give the poor manufacturers time to recover from the tsunami, no need to strain their crippled output.

im sorry, is this a joke? so you want people to STOP increasing the manufacturers profit so they can RECOVER? Are you implying the less orders they have to fill and the less revenue they pull in, the better off they will be? If so, please send me your money, as I would like you to recover from the recent recession.

That was all on the assumption that the crisis was real, but as you have read the OP (or maybe not since your statement was pretty off), it was not real
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post #188 of 237
Quote:
Originally Posted by hazarada View Post

this is really simple, want hdd prices to go down? stop buying them. Give the poor manufacturers time to recover from the tsunami, no need to strain their crippled output.

The problem? People like me did stop buying them. Permanently.


I had no problem with the supply side economics of this. What I had a problem with was the gouging of the customers on a ridiculous level. They weren't keeping the market at bay while they sorted out supply. They sold off massive amounts of overstock at a huge profit and people panicked, because of sensationalist headlines, and bought them en masse. Why? Because people were, wrongly, told that it was going to be 1) worse than it was and 2) long term. No sir, what they did was price collusion and it is illegal.


As others mentioned. The same components go into external hard drives as internal harddrives. Literally in some cases identical to their internal counterparts but were 1/2 to 1/3 the price. The price did not have to rise 200 to 400 percent as it did. I've not liked Western Digital for shy of a decade and Seagate has lost my support about 3 years ago. Now that samsung and hitachi are bought out also I am forced to go SSD. I cannot do business with companies I do not trust. It's a cartel and like any cartel its more than likely being abused by the members of it. I will never buy another HDD again, not even for data storage. From here on out it is SSD all the way.
Edited by Darkpriest667 - 4/30/12 at 5:07am
 
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post #189 of 237
How dare companies make money! Unacceptable! I want 10 TB 15k rpm drives, I want them yesterday, and I want them for $20 each!
post #190 of 237
Every article I read on this says that Western Digital was the ONLY company hit by the flood and they were back up and running in 2 WEEKS! I can see Western Digital upping their prices to try to recoup losses on cleaning up their main factory and getting their equipment back up and running and such.....However shame on Seagate who was NOT hit by the flood for jacking up their prices which is collusion as mentioned. Since Seagate was NOT hit there was no shortage at Seagate because they were still producing drives the whole time and did not have to clean a factory up or repair/replace equipment. Oh and the flood wasnt this past fall. I think it was in summer because drives were going up at that point in price. I understand about supply vs demand....but as I just demonstrated Seagate still had plenty of supply so why raise prices artificially, why not cash in by leaving their prices normal....more people would have bought more seagate drives and they would have made alot of $$$ without collusion or price gouging. Unfortunately I doubt there will be any class action lawsuits against these companies, so thats justt wishful thinking. Luckily the ONLY drives I've bought during this whole mess were SSDs and one 500gb hd by Hitachi, and I'm starting to question that purchase because of the sheer volume of Hitachi drives I've seen fail in the last 2+ years as a computer tech. I was smart 2 years ago and bought a few drives of different sizes for my pc before i started building them so I havent had to deal hardly at all with the insult of paying $130 or more for terabytes. If I do need a new drive, I'll surely by a used seagate or western digital from a fellow overclock.net member or even purchase an external usb hard drive brand new from the local walmart and bust it open to use the bare drive itself. Luckily you can still get terabytes in an external format for a mere $100. Also to the poster that said they do not understand how an SSD will speed up your system. SSDs are transflash memory and have no moving parts, so if your OS is loaded onto an SSD you will see your computer boot times drop a ton, major programs can also benefit from them as programs will also load faster. Remember, before a program is running in the ram it has to be moved into the ram from your storage device, like Microsoft Word, think about how long that takes to load on your system. If it was stored on an SSD it would speed up because there is no mechanical lag time while the drive spins up to hand the program off to the memory.
 
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