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Hard Drive Prices Hitting New Lows

Posted by Zonk on from the get-em'-while-they're-cheap dept.

Lucas123 writes "The average price of notebook hard drives tumbled to $53 in the third quarter of 2007, from $86 in the same period during the previous year, according to a survey by a market research firm. The price drop can be accredited to competition among six vendors, enormous demand for PCs and consumer electronics as well as evolving flash memory drives. 'Lower-capacity notebook drives showed smaller price drops, while newer high-capacity drives saw massive price drops ... Notebook drives with 320GB of storage will drop as a result of the addition of new features, while prices will stabilize on lower-capacity notebook storage devices like 80GB hard drives.'"

3 of 143 comments (clear)

  1. Enormous demand equals lower prices? by spun · · Score: 4, Funny

    Me fail economics? That's unpossible!

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  2. Too bad by ShawnCplus · · Score: 4, Funny

    Well it looks like it now costs more to drive to the store than it actually does to buy the hard drive.

    --
    Excuse me while I gather the virgin sacrifice and assemble the pentagram required to solve your problem
  3. 80GB is "lower capacity" now? by bh_doc · · Score: 4, Funny

    Does anyone else find it amazing that we are at a time where 80 gigabytes can be called a "lower capacity" hard drive without laughing? I remember a time when simply *adding* a hard drive to your machine was a significant upgrade, and I'm only 24.