Hard Drive Pricing going up at an alarming rate!!!!

Glad I found this thread. I'm looking for a 1TB portable hard disk and couldn't work out why the prices were so much higher than when I last looked :eek:

Oh well, maybe I'd better sit back and wait for a bit.

2013 is more than 'a bit'. I'd get something while you still can. There were articles today saying companies who buy lots of HDDs are being forced into grey market areas to get their stock. I wouldn't be surprised if they ended up hoovering up stock intended for the public.
 
I am shocked at the number of Lemmings willing to shell out obscene amounts of money on something that is being priced over the horizons by 'the markets'. I refuse to pay current prices and if everyone else followed suit then the prices would be back to normal within a few weeks. The reason the prices are as high is because you are buying into this crap.

The money men are up to their usual De Beers trick yet again, all in the name of greed. I guess the 'Nice decade' of cheap electronics is over, or so they would like us to believe.

Ok, a bit of water got into a few warehouses and damaged some goods that weren't being stored in a suitable location given the terrain, but surely these companies have insurance?

I don't mind a slight increase, say £10 but this is taking the proverbial and I refuse to stoke demand and will go back to Win98 if necessary.
 
There were articles today saying companies who buy lots of HDDs are being forced into grey market areas to get their stock. I wouldn't be surprised if they ended up hoovering up stock intended for the public.

I can't help but think that there is a lot of sensationalism being reported in the press (afterall...its their job to do this, in order to sell stories or to make people log on to their news website). They certainly won't be able to sell a story if they report, 2TB drives increased from £65 to £75 (which is what they were selling for a few days ago).

If you know where to look, there will always be good deals on HDs. Easyrider bought a 2tb hard disk for £64 each. Someone else got an external 2TB hard disk for £80.

If you are smart, you will be able to sniff out decent prices. Obviously, it will take a while for us to see 2TB disks at £65 (ie. pre flood pricing), but there is still a good chance that reasonable prices will be had in a few months time. Only a few days ago the forest were selling 2TB disks for £75.

It doesnt help that there is a lot of panic buying going on, which is putting extra strain on existing stock, but after this initial surge of panic subsides, I can see prices coming down. Only time will tell though.

As with panic buying during fuel shortages, once the initial panic subsides, normal service is resumed as if nothing happened in the first instance.

In a few months, we can look back at this thread and see who was wrong and who was right, so it should make for fun reading.
 
I am shocked at the number of Lemmings willing to shell out obscene amounts of money on something that is being priced over the horizons by 'the markets'. I refuse to pay current prices and if everyone else followed suit then the prices would be back to normal within a few weeks. The reason the prices are as high is because you are buying into this crap.

The money men are up to their usual De Beers trick yet again, all in the name of greed. I guess the 'Nice decade' of cheap electronics is over, or so they would like us to believe.

Ok, a bit of water got into a few warehouses and damaged some goods that weren't being stored in a suitable location given the terrain, but surely these companies have insurance?

I don't mind a slight increase, say £10 but this is taking the proverbial and I refuse to stoke demand and will go back to Win98 if necessary.

Interesting first post.
 
he's right though... why aren't things with hard disks in them going up in price ? surely people like sony will of known about these hikes before us lowly consumers yet despite 320gb 2.5 drives doubling in price a 320gb PS3 or laptop still costs what it cost last month (rough example but look at others)

i dont understand how such large companies with multiple plants can be hit so badly , looks to me like they are charging what they know people will pay
 
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... looks to me like they are charging what they know people will pay

This is one of the most important rules in business.
Charge as much as possible, what you know people will pay.

If I were a retailer, I would be doing exactly the same.

The manner in which an OCUK employee started this thread - absolutely brilliant piece of marketing/sales. He helped get the message out, that there is a HD shortage, so BUY NOW!!! I couldn't have done it better myself.
 
I saw 2TB external drives at £67 and 750GB portable drives for £50 today, sitting on the shelves of the local supermarket, if people shop around they should be able to get enough storage to do them without paying these rip off prices.
I've managed to get enough drives to last me until i can get 4 or 5TB drives cheap lol
 
I'll probably stick my nose in the big Extra store in town in the off chance they have some bits and bobs in there. Wouldn't mind a Seagate 2TB to get the green drive out from.
 
I bought some 2TB RE4's for work last month and they were £130, today they are £430.

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Hmm, wonder how long before I'll be able to flog them and retire on the money!

Got to laugh that now they're expensive enough for <nameless competitor> to be offering finance on them! :rolleyes:
 
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Bought 3 Seagate 3TB HDD's from the purple shop, £120 each, bought the last stock left lol.

Dad needed the storage anyway, £40 per TB is about average price anyway before the price increases so it's good either way.
 
I take it none of these prices are taking into account rare-earth prices and China restricting the global supply? Magnet materials (rare-earths) have increased in price more than ten-fold in the past few years.
 
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