Hard drive prices spike...

Discussion in 'Apple, Inc and Tech Industry' started by jav6454, Nov 2, 2011.

  1. jav6454 macrumors P6

    jav6454

    Joined:
    Nov 14, 2007
    Location:
    1 Geostationary Tower Plaza
    #1
    Hard drive prices have continuously been increasing ever since Thailand got hit hard by monsoons. First and foremost, heart goes out to Thai people, I've been in a hurricane style rain before, not fun.

    Anyways, Western Digital and many other companies that make hard drives in Thailand have been hit hard. Facilities flooded and what not.

    Problem for us is that because worldwide production is centered in Thai facilities, we are experiencing a shortage in HDDs.

    Example, I bought 3 months ago a WD 500GB Scorpio Blue drive from NewEgg for $49.00 USD after instant rebate. Now? Go check, it is around $119 USD. That's a 2x increase in price. Crazy.

    Wanna see crazier? WD Caviar Black 1TB at 7200rpm used to cost $79 at most and dropping. Now? $219.00 USD and climbing! Crazy stuff.

    Consider the following, all these companies had 4 months worth of inventory. However, we are already seeing drastic price hikes. Imagine after the shopping spree... Cyber Monday and Black Friday will most definitely not have many HDDs on sale...


    Discuss...
     
  2. boss.king macrumors 68040

    boss.king

    Joined:
    Apr 8, 2009
    #2
    Here in NZ prices haven't jumped that much yet, I'm considering picking up a 2TB external drive before they do...
     
  3. stev3n macrumors 6502

    Joined:
    Feb 9, 2010
    #3
    I actually bought a 2 TB external a few weeks ago and the store had a limit of two drives per person. I guess nows the time to dig up old drives and enclosures.
     
  4. Dnix macrumors 6502

    Joined:
    Dec 9, 2010
    #4
    Prices are crazy, especially for SATA 3.

    I managed to snag some used "Like New" drives through Amazon, the day prices were beginning to slowly creep upward. Even these were overpriced, and are mostly gone now.
     
  5. David G. macrumors 65816

    Joined:
    Apr 10, 2007
    Location:
    Alaska
    #5
    Holy moly, you're right! I got a new 750GB 2.5" 7.2K RPM SATA drive for my macbook and an enclosure for my old one as well as a screw driver kit from OWC for under $90 a couple of months ago, now it's going for $158. Very glad I got it then.

    My heart goes out to the Thai people also.:(
     
  6. Abyssgh0st macrumors 68000

    Abyssgh0st

    Joined:
    Jan 12, 2009
    Location:
    Norman, OK
    #6
    Pretty crazy- glad I picked up 4TB this summer ($59 each from Newegg). That brings me to about 10TB of total storage, and I've got a good 3.5TB free so no worries for awhile.
     
  7. thewitt macrumors 68020

    thewitt

    Joined:
    Sep 13, 2011
    #7
    It's not over out here either.... Heavy rains continue every day and flooding continues
     
  8. roadbloc macrumors G3

    roadbloc

    Joined:
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    Location:
    UK
    #8
    Wow. I'm only using 5GB of my hard drive with documents and Apps. What the hell are you storing to use so much?
     
  9. Gav2k macrumors G3

    Gav2k

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    #9
    Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_0 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9A334 Safari/7534.48.3)

    Glad my drobos both have a fully stocked set of 2tb drives. Paid £47 for each drive now 99.97
     
  10. Dnix macrumors 6502

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  11. Mord macrumors G4

    Mord

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    Location:
    UK
    #11
    I'm just hoping our RAID array doesn't have a disk die and kicking myself for not buying a spare drive.

    We have 8x 2TB ecogreen drives in RAID5.
     
  12. sammich macrumors 601

    sammich

    Joined:
    Sep 26, 2006
    Location:
    Sarcasmville.
    #12
    Indeed, prices have skyrocketed here in Australia as well. I picked up a 2TB WD Green a couple months ago for $84 (to replace an RMA'd drive). Now that I have the replacement drive from WD, it's also having disk errors. I'm wondering if I send this one in as well, will I have to wait until they get back into production until I get a replacement?
     
  13. *LTD* macrumors G4

    *LTD*

    Joined:
    Feb 5, 2009
    Location:
    Canada
    #13
    Well sure. If you already have the surplus storage you think you'll need then you're laughing, for the time being. I've got 2 1TB WD Green Drives put away, waiting for enclosures, which cost next to nothing. These are just storage drives. I've already got 3 TB active plus 1TB for Time Machine.
     
  14. jav6454 thread starter macrumors P6

    jav6454

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    #14
    Well, you are still on time to to buy that extra disk... and if a disk dies, the most hassle you'll have to deal with is waiting for the RMA (if under warranty).

    NewEgg just started pushing November deals and so far I haven't seen a single HDD put there.
     
  15. yg17 macrumors G5

    yg17

    Joined:
    Aug 1, 2004
    Location:
    St. Louis, MO
    #15
    Holy crap, 1 TB drives have nearly tripled in price :eek:

    How long can we expect prices to remain high like this?
     
  16. Eidorian macrumors Penryn

    Eidorian

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    Mar 23, 2005
    Location:
    Indianapolis
    #16
    I have friends that are digital hoarders. A SSD is next on my drive purchasing list.


    The worst outlook I have seen is 6 months.
     
  17. Hellhammer Moderator

    Hellhammer

    Staff Member

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    Location:
    Finland
    #17
    Until OEMs can get their factories up and running again. The Monsoon period shouldn't last too long. I was in Thailand in 2010 December and there was no sign of floods or monsoon anymore.

    I'm more worried about the factories. If the floods have damaged the actual factories, then we might have even longer wait in front of us since fixing will take awhile (plus OEMs will charge us for the expenses).
     
  18. jav6454 thread starter macrumors P6

    jav6454

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    #18
    For quite a while. Many expect shortages to go all the way thru Q1 2012, or until facilities in Thailand are back online. Right now prices aren't hiking as much due to the built up inventories, but as those dry up... well, you can imagine the rest.


    OEMs won't have to pass down costs to us, they are recovery those costs with higher than usual prices. At least, thats my thinking.
     
  19. GoCubsGo macrumors Nehalem

    GoCubsGo

    Joined:
    Feb 19, 2005
    #19
    I assume it will be quite a while. A similar instance of this happened with memory back around 2000. I don't recall the reasoning for it but memory prices tripled.
     
  20. Mr. McMac Suspended

    Mr. McMac

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    Dec 21, 2009
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    Far away from liberals
    #20
    I read somewhere that the prices should go back to normal my March. Luckily I have 3 spare 640gb Western Digital Caviar Black's in stock just in case I have a failure
     
  21. yg17 macrumors G5

    yg17

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    Aug 1, 2004
    Location:
    St. Louis, MO
    #21
    4 responses in 2 minutes, now that's service! ;)

    Edit: 5!
     
  22. soco macrumors 68030

    soco

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  23. Eidorian macrumors Penryn

    Eidorian

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    Mar 23, 2005
    Location:
    Indianapolis
    #23
    So who wants to fight for...hard drives?

    I have also brought up the 1999 earthquake given its impact on RAM prices.
     
  24. GoCubsGo macrumors Nehalem

    GoCubsGo

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    #24
    That's it. :)
     
  25. Hellhammer Moderator

    Hellhammer

    Staff Member

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    Location:
    Finland
    #25
    That's what I meant ;) OEMs will charge us a bit more so they can pay the repair costs. It's not like they will send us all a letter asking for money, or beg on the streets :p
     

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