Feeds

HDD prices to remain 'inflated' until August

Going down muuuch more slowly after huge flood-linked hike

Internet Security Threat Report 2014

HDD prices are falling eight times more slowly than they rose in the weeks after the flooding in Thailand and look likely to remain inflated until mid-summer.

Idealo.co.uk monitored vendors' online average selling prices (ASPs) across its five price comparison portals and found that disk drives went up 100 per cent in 33 days following the natural disaster.

Yet since 18 November prices have dropped by just 21 per cent due to supply and demand – but cynics might say vendors vendors have exploited the shortages.

The cost of 3.5 inch HDDs soared "twice as rapidly" as 2.5 inch models and "have been hardest hit" – remaining 75 per cent higher than before the shortages first became apparent.

"At their current rate of decrease, HDD prices will remain inflated until late July [or] early August," said a spokesman at Idealo.co.uk told.

According to beancounter IHS, demand for drives will outstrip supply until the middle of the year.

Distributor Avnet Technology Solutions told The Register last month that a 1TB drive was selling at $100, some 40 per cent higher than before the Thai crisis, but $60 cheaper than the peak trading price.

Wholesalers also appear to have been exploiting the situation, with the world's largest distie Ingram Micro confirming that hardening disk prices gave Q4 profits a lift.

Dave Stevinson, sales director at VIP Computers, said many larger distributors and brokers sat on stocks had exploited the rapid price rises to bolster thin margins.

"But they are now back to working off micro margins, small single-digit percentage points," he said. ®

Internet Security Threat Report 2014

More from The Register

next story
Docker's app containers are coming to Windows Server, says Microsoft
MS chases app deployment speeds already enjoyed by Linux devs
IBM storage revenues sink: 'We are disappointed,' says CEO
Time to put the storage biz up for sale?
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
'Urika': Cray unveils new 1,500-core big data crunching monster
6TB of DRAM, 38TB of SSD flash and 120TB of disk storage
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
SDI wars: WTF is software defined infrastructure?
This time we play for ALL the marbles
Windows 10: Forget Cloudobile, put Security and Privacy First
But - dammit - It would be insane to say 'don't collect, because NSA'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.