Hard Drives Still Expensive After Flooding

From Ars:

The impact of that disaster has passed, and supply levels are back to near where they were before last October’s disaster. But while the flood waters have long since receded, drive prices haven’t fallen nearly as much—as InfoWorld’s Woody Leonhard reports, retail hard drive prices are still about 75 percent higher than they were before the flood and show no signs of coming down. And the manufacturers are posting healthy profits as a result.

Nobody is shocked by this right?

Unfortunately for them, this will be short lived. The major HDD manufacturers don’t really have great penetration in the SSD market, which is growing at an amazing rate due to dropping prices and people wanting faster boot times.

Hiking pricing, unwillingness to adapt product lineup to meet demand. I think we know where this business strategy leads.

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