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Hard Drive Prices Up 150% In Less Than Two Months

@ 2011/11/28

The Register reports that hard drive prices (lowest average unit prices) have rocketed 151% from October 1 to November 14th. The worst days have seen over 5% daily price increases. This is commonly attributed to the floods in Thailand, but there are concerns of artificial price fixing and suspicion that retailers or members of the supply channel are taking advantage of the situation.

Comment from jmke @ 2011/11/29

or sell it now for profit

Comment from nocutius @ 2011/11/28

I got lucky and still managed to score a 2tb drive for cheap a week or two after this whole mess started so i'm all set untill the prices drop again.

Comment from jmke @ 2011/11/28

- Never thought 500 GB drives would come back into style...and yet they're what my friends are specc'ing into their machines these days.
- That's okay. We just store stuff in the cloud nowadays.
- It is clouds all the way down.
- And what, pray tell, do you imagine the cloud stores data on? Turtles?
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Quote:

It's turtles . . . all the way down.

The trouble with storing stuff in the clouds, is that it falls back to the ground when it rains, and causes floods. But in the case of Thailand, it will get recycled back into new storage, so we will have renewable storage.

Probably.

Does that make it Green?

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