Saturday May 26, 2012

HDD Pricewatch: Higher Prices Are the New Normal

The floods are just a distant memory, production of hard disk drives is getting back to normal and the prices areآ…آ…still high. Granted, the prices have dropped since the first of the year spike, but still much higher than this time last year. Someone has to pay the cost of rebuilding those manufacturing plants, you know. big grin

With profit margins like this, the hard drive manufacturers are going to be loathe to cut prices. After years of barely making profits, the Thailand floods are the best excuse ever to drive record income for a few quarters