Hard disk prices double after flood

[DeathStrudel]

This makes me glad I just bought a new HDD back in September

 

[Wizerzak]

Ahhhhh, I was looking at HDD prices the other day and did think they were quite overpriced. This explains everything!

 

[Satangel]

In sweden, they are going to (or already have, I don't remember) double the price of storage mediums... discs, HDDs, SD-cards, memory sticks, because the poor film makers should get some charity money because you CAN store pirated stuff on storage mediums...
so a £120 HDD? Make that £240! You know, £120 of that money has to go to film makers, music companies etc. because they will lose money on that hard drive, because the buyer of said hard drive will use it to pirate stuff.

Swedish logic in a nutshell.

In sweden, they are going to (or already have, I don't remember) double the price of storage mediums...

Swedish logic in a nutshell.

Many countries have sneaky "anti-piracy" taxes on blank media ("sneaky" because usually nobody knows about the tax; governments don't really advertize it that much because it's obvious bullshit), but double the price? That's insane

There's a similar tax here too! As of January 2011 all hard drives cost 10 euros more in Belgium, completely ridiculous if you ask me. Just encourages me more to buy hard drives online in a foreign country.

 

[ProtoKun7]

The hard disk prices went up along with the floodwater.

There, I said it.
(Again.)

 

[Issac]

Oooooo, I derped big time.

disregard what I previously wrote... it's not double the price... It's actually more (or less depending on the price).

This is how it is: one SEK per GB. so a 1 TB HDD gets +1000 SEK... that's + $152 / £95
and in the same way, 2TB = + $300... now... Does a 2 TB HDD cost $300 to begin with? Is it double the price, or is it even more?
Saw some price comparison site having some (probably low quality) 2TB HDD for $90... That'd be $390.... three times the money.

 

[darkreaperofdrea]

i don't get it
external hard disks/drives?
or just hard disks/drives?
because i'm checking best buy now,and they are really cheap

 

[The_Dragons_Mast]

i don't get it
external hard disks/drives?
or just hard disks/drives?
because i'm checking best buy now,and they are really cheap

I believe that the price increase will take a while to affect bid sellers. Only once the current drives supply is finished the prices will rise .

 

[RchUncleSkeleton]

Holy crap, the cheapest 500gb external from TigerDirect is now $99....last week they were $50! I guess it really is true!

 

[DinohScene]

I was planning on getting an extra 2 TB drive.
Might wait a couple of months now );

Still R.I.P. those who died in the flooding.

 

[TheDarkSeed]

My dealer hasn't been hit with the price fluctuation yet. Got my 2.5 external 1TB for 50 bucks about 2 weeks ago.

 

[darkreaperofdrea]

but what'sthe story?i read it and i still don't get it,sorry if it seems i'm trolling,i'm not

 

[DarkStriker]

Lol.... I have no idea if this affected Norway at all because things here is already at a ridiculous price(that means everything here) to the point that even i wont notice the difference....

 

[s4mid4re]

but what'sthe story?i read it and i still don't get it,sorry if it seems i'm trolling,i'm not

- flood occurred in Thailand, the 2nd largest producer for hdds.
- people died (less labor) and the factories were severely damaged.
- Since they can't produce a lot of hdds for a while, they'll have to increase its price. Think like this: rarer things (limited editions, discontinued systems, etc.) are pricier because they are more difficult to obtain; same case here.

 

[darkreaperofdrea]

oh ok,got it
bad for Thailand,hope these guys make it out ok...but wouldn't making them cheaper or keeping them with the same price profit them alot more?they would sell more

 

[s4mid4re]

oh ok,got it
bad for Thailand,hope these guys make it out ok...but wouldn't making them cheaper or keeping them with the same price profit them alot more?they would sell more

Since they can't make a lot of them, selling them cheaper will lead them into supply shortages, while having less income. With supply shortages, they'll make even less hdds, decreasing income furthermore. For now, it's better to increase the price and wait 'till the situation steadies.

 

[KinGamer7]

I bought a 2TB internal hard drive last week from Amazon for £80 because I found out about the flood in Thailand recently and the impact it had on these prices. I had the 2TB HDD originally bookmarked on eBuyer that was originally selling for £60 a couple of weeks ago, then all of a sudden the price began to escalate at a vicious rate. It is currently over £200 on that site now, and it's been steadily increasing over the past couple of days. I'm not even planning on upgrading my PC for another half year, but I had to snag the drive that Amazon was selling out of their remaining stock before it took the same hit as every other competitor has been doing.

Don't be expecting a recovery for at least another 2 quarters, that's for sure. I'd say that we should be seeing a good recovery by this time next year.

 

[darkreaperofdrea]

oh yeah,didn't thought about it hehe

 

[Qtis]

In sweden, they are going to (or already have, I don't remember) double the price of storage mediums... discs, HDDs, SD-cards, memory sticks, because the poor film makers should get some charity money because you CAN store pirated stuff on storage mediums...
so a £120 HDD? Make that £240! You know, £120 of that money has to go to film makers, music companies etc. because they will lose money on that hard drive, because the buyer of said hard drive will use it to pirate stuff.

Swedish logic in a nutshell.

And still it's illegal to download the stuff to fill the HDD. Welcome to the Nordic welfare states! One of the best things regarding to this has been suggested in Finland: because the amount of money generated from CD/DVD/HDD taxes has dropped, they should include all types of storage devices in the tax. This includes cameras and their internal storage / possible memory cards (HAI GAIZ I HURD JUU LIEK TO PIRATE WITH JUUR CAMS?!"), telephones and whatnot.


-Qtis

ps. Is Norway even taking any kind of impact from the global recession? What I've heard they're doing quite the same as before 2008?

 

[AlanJohn]

I feel bad for the people there.

As for the HDD's, we still have China...

 

[RchUncleSkeleton]

I feel bad for the people there.

As for the HDD's, we still have China...

It would seem that even though we do have china, which is where most of the stuff is made anyways, either the companies have lost lots of money due to the flood and are trying to make up for it by upping the price or the sellers are taking advantage of the news and marking everything up.