The price hikes from the Thai flooding in late 2011 are fading fast. So are increases in drive areal density. Is stagnation the new normal?
Hard drive price watching firm PriceG2 - though Storage Newsletter - reported that hard drive prices declined 5% in the first quarter of 2013. While good news for consumers, expect to see even steeper declines this quarter.
Why? Because an accelerating sales decline in PCs is meeting a rising tide of disk drive production.
The bad news? Vendors can afford to do this because they're cutting back on hard drive innovation.
Read more at source:
Hard drive prices - and innovation - decline | ZDNet