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.