Hard drive shortages that have existed since the second quarter of 2009 are finally starting to ease, which is seeing prices starting to fall.
According to a report on Digitimes.com, spot prices for hard drives have fallen between 10 and 20% with prices for 500GB drives falling by 20% since the second quarter of this year.
At this stage, there’s no word on pricing of higher capacity models however the report wisely goes on to say that with the hard drive market consolidating into just a handful of players, the chances of an all-out price war are slim.
And that’s not necessarily a bad thing – more choice over the long term will ensure that development and progress continues. Price wars are generally about attrition and with only a small number of drive makers left, the market doesn’t need cutting of players any further.
Prices for desktop drives have been falling considerably over the last couple of years with 1500GB drives currently the sweet spot in terms of GB per dollar.
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