Seagate Ships Billionth Hard Drive
Lucas123 writes "Seagate's first drive, shipped in 1979 was the ST506, which had a capacity of 5MB and cost a cool $1,500 — or $300 per megabyte. Today, a typical Seagate holds 1TB and cost just 1/5000th of a cent ($0.0002) per megabyte. Seagate, which claims to be the first company to ship a billion drives, says all those drives amounted to 79 million terabytes of capacity, enough for 158 billion hours of digital video or 1.2 trillion hours of MP3 songs." Update: 04/23 14:56 GMT by CT : The quoted fraction is wrong. Someone complain to ComputerWorld. Update: 04/23 15:13 GMT by CT : TY. The site is corrected to say "just 1/50th of a cent ($0.0002) per megabyte." The universal equation is once again balanced.
$0.0002 is 1/50th of a cent, not 1/5000th. Still a good value, though.
My first hard drive was a 20MB Seagate that went into my 8Mhz 8088 Sanyo PC, which was originally bought with two 360KB floppies and no hard drive. I remember feeling very lucky at the time, because while I was saving up for the hard drive (which cost ~$400 in ~1985 as I recall) the 10MB model (which I was going to get) was replaced by the 20MB model at the same price.
The article has a photo of a drive that's supposed to be the ST506. It looks more like an ST225, as the ST506 was full height. Jeez, you'd think Computer World would get the technical details right!
;) Get off my lawn!
Of course, maybe you have to be over forty to know the difference...
That's also roughly 4 million Libraries of Congress.
I'm guessing that they haven't sold 1 billion Seagate branded drives, but that they're including all the drives made by all the other drive companies they've bought in the past.
No folly is more costly than the folly of intolerant idealism. - Winston Churchill
The harddisk industry does seem particularly cannibalistic, Seagate bought Maxtor, Maxtor had earlier bought Quantum, Quantum had bought a DEC storage division. Conner was a breakaway from Seagate that was aquired later on. I suppose Seagate could claim all of those drives as their own in some sense.