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

There's some 2 TBs being sold on the popular trading site for about £30. Apparently brand new and from a 100% feedback seller, hmmmmmmmmmmm.......
 
I just found a seller offering 2TB drives for £18.99 !

He has taken 185 orders at that price in 4 days. No one reported him so I did...Paypal is going to be busy dishing out refunds!
 
I've completely stopped selling PC's and advised all my customers to wait till after the new year. I've cancelled 9 new orders and advised that if they must buy a PC, go for an HP where the price pretty much is the same.

Only two customers have complained stating that they wanted us to build them, but I explained that as I am an honest trader, I am giving them best advice as their systems will last until the prices stabilise.

I've seem all this cobblers before with memory prices etc and am prepared to wait. If the industry continues for months then I will recommend only SSD's on my builds or suggest they shop elsewhere. In all previous similar market collapses with IT for various products, I have see the supply chain continue on with the 'disaster' long after normal stocking prices have resumed.. I'm not going to be a part of that.

Some shops even profiteering off SSD's, no names mentioned of course
 
I've completely stopped selling PC's and advised all my customers to wait till after the new year. I've cancelled 9 new orders and advised that if they must buy a PC, go for an HP where the price pretty much is the same.

Only two customers have complained stating that they wanted us to build them, but I explained that as I am an honest trader, I am giving them best advice as their systems will last until the prices stabilise.

It's obviously your choice to make, but I can't see the logic here.

If you've explained to the customer that drive prices are currently inflated, and the PC will cost more because of it, it’s then surely the customer’s choice whether to proceed or not. Refusing to build a system isn’t you giving best advice, it’s you forcing your opinions onto someone else.

On a complete PC build the inflated drive prices are an annoyance, not a disaster. And to some extent they’re offset by the continuing low RAM costs.
 
Ouch!! Just noticed these insane price hikes? What the ****?
Last 2TB I bought was $99 (western digital), just looked at the price for the exact same item and is now $209!!!
What's the reasoning behind this?

I know the feeling. Few months back I got a Western Digital Caviar Green 2TB for £57 delivered with free shipping, same drive today is £143.99!
 
How many really need a new drive? Just use your old drives until the price comes back down, it's not like many people suddenly have loads of new data to store.

If it's work, and you do have loads of new data to store, then just pay the extra, it's no biggie it's just a slightly higher business expense.
 
How many really need a new drive? Just use your old drives until the price comes back down, it's not like many people suddenly have loads of new data to store.

This is true, but it is human nature to panic, when you are told that a particular product/service is not going to be available in the coming months.

It is this "panic", which retailers are relying on, to help make extra profit.

It is up to the public to avoid falling for this trick (and believe me, this is a very common sales trick, whereby a salesman or company will tell the public that a product may soon be out of stock...so buy now, to avoid disappointment).

Unfortunately for some, they fall for it.
 
done a little of research on some of the top pc retailers and to me they don't seem to be short of any 1tb,2tb drives.are these old stock? but profiteering or they not having trouble bringing them in? and still profiteering.
becouse it's a fact that the british is well at the top for being conned.
 
Just done a back up on a few RW-DVD and even used my 30GB Creative Zen player. Just pictures of holidays and trips and family and friends and all my music. Nothing important as really that’s all I have on my old PC.The original plan till I seen all this was get the old PC backed up (it would just be my luck for the single HD to fail just as I get a new system) order new Rig off OC for Xmas and get back into online gaming a bit.

With a six year old system its better being safe than sorry. Happy to wait now till next year.

To be fair it’s stopped me ordering a complete new system off OC just now as everything comes down in price after the Xmas rush and super inflated storage prices does put you off. But I was thinking about treating myself for Xmas, but like most I imagine with a bit of sense why pay more now and get less of a system to that early next year. Decision made!

I was reading that all the factories are back on near on 100% production and have even increased production and considering expending to new factories in Sri Lanka etc. Thailand s biggest foreign investors, may spend more to build factories in Indonesia and Vietnam Two of the eight plants produce hard disc drives and other devices. They resumed operations on Nov. 4.

The main plants that are not able to relocate easy are the car manufactures Mitsubishi and Honda and it is these that most new stories are covering when they view output.
 
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I've completely stopped selling PC's and advised all my customers to wait till after the new year. I've cancelled 9 new orders and advised that if they must buy a PC, go for an HP where the price pretty much is the same.

Only two customers have complained stating that they wanted us to build them, but I explained that as I am an honest trader, I am giving them best advice as their systems will last until the prices stabilise.

I've seem all this cobblers before with memory prices etc and am prepared to wait. If the industry continues for months then I will recommend only SSD's on my builds or suggest they shop elsewhere. In all previous similar market collapses with IT for various products, I have see the supply chain continue on with the 'disaster' long after normal stocking prices have resumed.. I'm not going to be a part of that.

Probably because HP are currently not passing on any price rises directly to customers from the stock of 1000's of units that they are currently have. And are probably still getting them at vastly reduced prices compared with ordinary consumers.

No doubt in my mind that at least 2 of the 4 manufactures are profittering at this time. It won't change until HP and other big server data center providers feel the pinch.

Remembering of course that large server arrays need to have HDD's changed at a alarming rate on a daily/weekly/monthly basis ! If you have non critical data it may be worth looking out for refurbed drives from these places... even with a much reduced warranty ... in the short term?

Like many others I think I will just wait them out :cool:
 
There certainly does not seem any mad rush at these over inflated prices as the stock on the few sites have been saying the same but then again I’m only interested in the external drives just now other than the one’s going into a new system.


OC Certainly don’t look like feeling the pinch as most are on 10+ stock….
 
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Been leaving off buying a no frills external drive for awhile now to backup my 4TB Synology NAS. I managed to bag a 2TB Seagate drive today for £79.99 from a high street retailer. Is that good?

Still in it's cellophane at the moment, but it's fate that if I sell it then i'm gonna run into trouble with my NAS and wish i'd used it to back up.
 
Been leaving off buying a no frills external drive for awhile now to backup my 4TB Synology NAS. I managed to bag a 2TB Seagate drive today for £79.99 from a high street retailer. Is that good?

Still in it's cellophane at the moment, but it's fate that if I sell it then i'm gonna run into trouble with my NAS and wish i'd used it to back up.

That's a good price considering how much they are at most places.

It's up to you if you sell it or not but remember that you can't sell it in the Members Market here for more than you paid for it.
 
Why would you want to sell it, when you only bought it today?
£40/TB is a fair price in today's market, so you didn't get ripped or anything.

Is it the catalogue store you bought it from?
 
I bought a second 2Tb when they had just started to go up.

I then realised I had about 3tb of empty space on my computer!!!! Never mind, I can drop a few drives and streamline my build.
 
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