Feeds

HDD prices to remain 'inflated' until August

Going down muuuch more slowly after huge flood-linked hike

Intelligent flash storage arrays

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Cray-cray Met Office spaffs £97m on VERY AVERAGE HPC box
Only 250th most powerful in the world? Bring back Michael Fish
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
The DRUGSTORES DON'T WORK, CVS makes IT WORSE ... for Apple Pay
Goog Wallet apparently also spurned in NFC lockdown
Microsoft brings the CLOUD that GOES ON FOREVER
Sky's the limit with unrestricted space in the cloud
'ANYTHING BUT STABLE' Netflix suffers BIG Europe-wide outage
Friday night LIVE? Nope. The only thing streaming are tears down my face
Google roolz! Nest buys Revolv, KILLS new sales of home hub
Take my temperature, I'm feeling a little bit dizzy
Cisco and friends chase WiFi's searing speeds with new cable standard
Cat 5e and Cat 6 are bottlenecks for WLAN access points
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
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.
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.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.