
No comment from Chicken Little?
Maybe the cynicism reflects the IT industry's actions after previous disasters, when Chicken Little was repeatedly heard to say "The sky is falling".
PC shortages are affecting the UK earlier than expected but the rapid swing from inventory overload to relative hardware famine has led to some customers dismissing resellers' warnings as sales opportunism. The channel has been awash with stock all year as consumer demand fell off a cliff. However PC makers forecast shortages …
I started seeing the price gouging start almost immediately, online retailers pushed the prices up immediately the news started suggesting shortages.
One website was showing existing stock of hundreds of units, and still jacked the prices from around £75 to £125 for a 2TB drive... just another reason why I never use this particular buyer of e.
Another retailer that I use that rhymes with 'barrier' did exactly the same thing at the same time as the others.
They saw an opportunity to jack up prices and get more profit from their existing stock before buying in at higher prices.
Thankfully I won't be needing to expand my storage any time in the next 4-6 months, by which time prices should be back to normal.
The fail icon... for all those retailers who are price gouging opportunistic scumbags.
If it's not profiteering then how come I can buy a external drive for £100 that if I remove the bare drive inside that would cost £200?
Simple, the demand is for bare drives, not externals. So as of last week most places hadn't bothered to increase the prices of external drives that much but bare drives have doubled.
All smoke and mirrors. Prices go up quickly but will be very slow to come down again.
Dave Wood should really look at the price fluctuations of his own company before commenting on others.
"Dave Wood reckoned tier-one brands have already pushed up prices by 15 to 20 per cent so far "
I purchased some 750GB hard drives from his company at £27 per unit in mid october. When I looked to get a couple more of the same item last week, they were priced at £125 per unit, or about 360% more than last month
When I looked again two days later £40 had been cut from the price and is currently holding at £85 level, but that is still 214% above the level last month. All this without an apparent change to the reported stock levels.
Similar here, I bought 6 2TB Hitachi disks back in August for £55 each. Last week the cheapest 2TB was £180, today it's £135? Does that mean supply is getting better now?!?
I think Dave either missed off a '2' from the front of his 20 - 30% price rise statement or he's decided to extort his customers out of cash on the back of the disaster.
Simple. He's equating that if the price of one part (HDD) of a whole PC goes up 200% or more, then the price of the whole PC goes up a lesser amount since the whole costs less than any one of the components in it.
There is a bright side for some customers, memory prices continue to stagnate with more and more surplus building up. Soon it might be a good time to buy anything BUT a HDD.
Also stop recording video, set your resolution to <3M pixels and skip RAW
How are they going to fund the rebuilding if the financial system is so fcked up?
Can they survive the cash flow problems?
Going forward over the next 3~5 years HDD prices will be pretty firm
Buy WORM DVD/Bluray media makers stock
Any bonds issued {by the HDD manf.} I would recommend a buy,