Hard Drive Prices Hitting New Lows
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.'"
Stock market continues to hit new highs.
Gravity attracts.
Clinton remains unelectable.
I have studied the price improvements going back 16 years.
The long term average space improvement per dollar spent, year on year is about 100%. That is, you'd get twice as much space for your dollar each year. That was until about 4 years ago. These days you can only expect a 50% year on year improvement.
See my data and analysis here:
http://www.mattscomputertrends.com/harddrives.html