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Analyst: 'We Could Run Out of Hard Drives Soon'

Category: Storage / Hard Drives
Posted: 07:20AM

The current short supply of hard drives is expected to continue until 2012, says analyst Gus Richard over a CNET interview. Sparked by the unfortunate Thailand flooding, hard drive prices have since skyrocketed from 10 to 60 percent, and this trend  may continue on to the next year. However, Richard also notes that PC makers apparently aren't taking the necessary precautions to combat the hard disk crisis. "Nobody seems to be really paying attention. Everyone overreacted to the disaster in Japan. And now I think they're under-reacting," he said. A likely shortage of 60 million drives will arise from a 180 million demand, as PC manufacturers will struggle to keep up with upward spike in demand. Manufacturer Seagate also offered a bleak outlook for next year: "Given the supply disruption demand will significantly outstrip supply at least for the December 2011 quarter, and will likely continue for multiple quarters."

One terabyte hard disks now cost at least $120, whereas a few months ago these would've only been priced at around $60 to $80. 

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AlexWarren on November 10, 2011 07:20AM
Humanity will be reduced to roving tribes of barbarians who scour the wastes of the planet searching for that last 1TB Western Digital Caviar drive or Seagate Barracuda. LOL In all seriousness, I REALLY hope none of my drives die soon. I've got an old 40GB IDE spare drive, but that is it :(
AlexWarren on November 10, 2011 07:25AM
Oh, and I think its a little dumb of him to say people overreacted to the crisis in Japan when had outstripped Chernobyl as the worst in nuclear disaster in the history of the planet. I think people dying of radiation poisoning and is a bit more urgent than hard drive supplies.
Lord_Guy on November 10, 2011 02:37PM
He ment that everyone freaked out and thaought that there was going to be a monitor shortage. Everyone now just thought, "Eh". Which turned out to be the wrong reaction.
AlexWarren on November 10, 2011 05:46PM
OK, lol, I had no idea he was talking about a monitor shortage.
Comp Dude2 on November 10, 2011 10:22AM
I did wonder what the heck happened to hard drive prices!
BillyBuerger on November 10, 2011 02:04PM
I was getting ready to buy a 16 drive array for work. If I would have done it even a couple days sooner, I would have been fine. But by the time I got approval for it, Newegg had already limited all hard drives to 1 per customer. I did some searching on it and that's when I first heard about the flooding. Next thing you know prices were going up. Needless to say, I only bought one drive just to get started. Looks like I'll be waiting a while to finish the server. :(
VaporX on November 10, 2011 02:23PM
The time has come for many people to face the demon of their inner haorder and leaner how to live in less space. Time to reconsider SSDs :-)
t0asty on November 10, 2011 03:36PM
Good thing I wanted to build an HTCP soon...
El_Capitan on November 10, 2011 05:26PM
So... time to sell my Samsung Spinpoint F3 1TB's I bought for $45 each for $115?

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