HDD Price have become INSANE!

[PP Mguire]

I got all excited when I saw this, then read that it was a SATA 2 drive. FML.

Still loads faster than what I had and double the capacity.

 

[patonb]

Prices are starti8ng to drop, 500Gig blues are $90.00 now.

And PP's right, a SATA2 is miles ahead.. Hell even a SATA2 SSD doesn't saturate the port.

 

[PP Mguire]

Well I was talking about miles ahead of the G.Skill I was using which is first gen. For that money, I'd buy a 60GB Vertex 3 instead.

 

[Joe C]

Seagate drives (500 gb - 16mb cache) are down to $85. but that's still a long way off from the $49. price back in October
Newegg.com - Seagate Barracuda ST500DM002 500GB 7200 RPM 16MB Cache SATA 6.0Gb/s 3.5" Internal Hard Drive -Bare Drive

I think we as consumers are being scammed on this "shortage" and a 39% increase just about proves it too

 

[tj_extreme]

Well I was talking about miles ahead of the G.Skill I was using which is first gen. For that money, I'd buy a 60GB Vertex 3 instead.

I bought a 60gb Agility 3 (got it on sale on Newegg) to replace my Vertex 3.

 

[Roark]

In case anyone was doubting me at all about their fixed prices and taking advantage of the situation

I almost forgot about scouting Seagate's financial records when they dropped for the last few quarters, its disgusting.

Apr 1, 2011: The company shipped 49 million disk drives and reported revenue of $2.7 billion, gross margin of 19.1%, net income of $93 million.
Jul 1, 2011: The company shipped 52 million disk drives and reported revenue of $2.9 billion, gross margin of 19.3%, net income of $119 million.
Sep 30, 2011: The company shipped 51 million disk drives and reported revenue of $2.8 billion, gross margin of 19.5%, net income of $140 million.
Dec 30, 2011: The company shipped 47 million disk drives and reported revenue of $3.2 billion, gross margin of 31.6%, net income of $563 million.

So, last quarter they shipped the least # of drives while reporting the highest revenue, gross margin, and net income by quite a bit (source).

 

[PP Mguire]

I almost forgot about scouting Seagate's financial records when they dropped for the last few quarters, its disgusting.

Apr 1, 2011: The company shipped 49 million disk drives and reported revenue of $2.7 billion, gross margin of 19.1%, net income of $93 million.
Jul 1, 2011: The company shipped 52 million disk drives and reported revenue of $2.9 billion, gross margin of 19.3%, net income of $119 million.
Sep 30, 2011: The company shipped 51 million disk drives and reported revenue of $2.8 billion, gross margin of 19.5%, net income of $140 million.
Dec 30, 2011: The company shipped 47 million disk drives and reported revenue of $3.2 billion, gross margin of 31.6%, net income of $563 million.

So, last quarter they shipped the least # of drives while reporting the highest revenue, gross margin, and net income by quite a bit (source).

Yup.

 

[Yami]

Apr 1, 2011: The company shipped 49 million disk drives and reported revenue of $2.7 billion, gross margin of 19.1%, net income of $93 million.
Jul 1, 2011: The company shipped 52 million disk drives and reported revenue of $2.9 billion, gross margin of 19.3%, net income of $119 million.
Sep 30, 2011: The company shipped 51 million disk drives and reported revenue of $2.8 billion, gross margin of 19.5%, net income of $140 million.
Dec 30, 2011: The company shipped 47 million disk drives and reported revenue of $3.2 billion, gross margin of 31.6%, net income of $563 million.

To be accurate you need to compare the same time of the year in two different years.
So, quarter ending Dec 2010, net income of $150 million.
And same quarter the year after, net income of $563 million.

That's bullexcrement.

 

[remixedcat]

this whole thing ****es me off cuase I need a new HDD baaaad.

 

[Mischa]

this whole thing ****es me off cuase I need a new HDD baaaad.

+1 I only have a 120gb ssd with 25 gig left