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.'"

Comments

time for economics 101, zonk

[blueZ3]

Higi demand doesn't drive prices down. Competition might be a factor, as might economies of scale. Demand, not so much