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Post new topic   Reply to topic Oligarchy and the current disparity between supply/demand!
MaxR
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 PostPosted: Tue Jun 26, 2012 4:58 pm Reply with quote        
Note: This is a tech based topic on the subject matter of the prices of hard drives. The spinning magnetic kind you are probably using now, not SSD's or other storage options.

Two big hard drive companies, Seagate and Western Digital, now own 85+% of the harddrive market. Between buying divisions of other companies, and now it seems they have entered an agreement to spike prices.

A 1TB[Terabyte] harddrive was 40USD, up to 60 or 70USD max.

Then when the flood in Thailand happened, they claimed a shortage, and the price spiked.

In reality they had a huge supply, and even if it was a lack of supply, the price should have leveled back down since then.

It raised to $200USD and higher for a while, and only now is it 90USD or so for that same harddrive that was about half price in it's prime.

Hopefully it goes down to normal soon, but regardless the damage is done, and the companies have made their profit. Ton's of it.

Regardless if prices go down from now, the doupoly remains, and who knows what they'll do next.

Any personal opinions about this anyone? Or any more companies you notice following the trend?

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