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November 19th, 2011

Hard drive prices and flooding

Recently, I was checking prices of hard drives at NewEgg and was shocked to see that a 2 TB drive I’d paid $80 for six months ago was now selling for over $300. In fact, all of the hard drive prices had skyrocketed. It wasn’t just in my mind.

Turns out that the floods in Thailand drastically affected hard drive costs (in addition, obviously, to the lives of the people in Thailand). In that linked example, the price of that hard drive jumped from $130 to $330 in one day. And that $330? That’s more than the hard drive cost two years earlier. I guess Moore’s law doesn’t apply to cost!

I was trying to think of another event that affected the price of computers in this drastic of a fashion and I couldn’t come up with anything. Anyone?

Posted in Technology

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