When are Hard Drive prices going to fall?

I started deleting **** in sunday for the first time in 4years. I got 8tb storage with 8tb for redundancy. Sigh. FU hdd manufacturers, atleast give us a 3yr warranty, Wtf is 1yr going to help us???
 
Western Digital Announces Record Financial Results

Making too much money off inflated HDD prices ....
Western Digital Corp. (NASDAQ: WDC) today reported revenue of $12.5 billion and net income of $1.6 billion, or $6.58 per share for fiscal year 2012, compared to fiscal 2011 revenue of $9.5 billion and net income of $726 million, or $3.09 per share. On a non-GAAP basis, fiscal 2012 net income was $2.1 billion or $8.61 per share, compared to fiscal 2011 net income of $770 million or $3.28 per share. Both the GAAP and non-GAAP fiscal 2012 results include results from the company's newly acquired HGST subsidiary from the acquisition date of March 8 through the end of fiscal 2012.

For its fourth fiscal quarter ended June 29, 2012, the company reported revenue of $4.8 billion, hard-drive shipments of 71.0 million and net income of $745 million, or $2.87 per share. On a non-GAAP basis, net income was $872 million, or $3.35 per share.2 In the year-ago quarter, the company reported revenue of $2.4 billion, net income of $158 million, or $0.67 per share, and shipped 53.8 million hard drives. Non-GAAP net income in the year-ago quarter was $193 million, or $0.81 per share.
The company generated $1.1 billion in cash from operations during the June quarter, ending with total cash and cash equivalents of $3.2 billion. During the quarter, the company repaid $558 million of debt and spent $604 million to buy back over 16 million shares of common stock.

"Fiscal 2012 was one of the most challenging and exciting years in our 42-year history," said John Coyne, chief executive officer. "While responding to two major natural disasters and completing the largest acquisition in the history of the industry, we achieved year-over-year revenue growth of 31 percent and more than doubled earnings per share.

"In the June quarter, demand was in line with our forecast as industry shipments reached 157 million units, bringing total HDD shipments for the year to 599 million units. Our WD and HGST subsidiaries both performed ahead of plan in Q4, delivering great products with consistent execution, resulting in strong revenue growth, gross margin and cash flows."
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robertwj said:
I hate how most drives are the 'Green' ones these days. I want a proper 7200RPM drive not 5400-7200!!
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I have the opposite problem i have not been able to buy 2T green drives only 7200 drives for the N40L and dvr .
 
Cant someone make a leap for all of us and get to Thailand and make business connections with a HDD manufacturer there and supply us with HDDs at the prices we were used to a year back? I believe the prices have come down but some nitwits are taking all the savings and imposing the crappy pricelist down our throats. And the big importing Companies are the culprits. We really need someone to go take a leak in their coffees. Amen
 
They are making lots of money. People will always need storage. People are lining up to buy. What incentive is there to make less money?
 
HD Prices will only come down once Japan has finished rebuilding there place!!
 
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The graphs might be showing a downward trend, but hell,the wallets are getting thinner and lighter and very soon will defy gravity.:( I want those pre-flooding price levels to build my freenas box and i'm finding it increasingly difficult to part money with these indecent prices.
 
WD Will Not Restore All Manufacturing Capacities

:(
Even though Western Digital clearly returned its position as the world's largest maker of hard disk drives with 71 million units shipped, which is around five million more than Seagate supplied in approximately the same time frame, the company said it would not restore all of manufacturing capacities it and Hitachi GST owned before the flood given the current macroeconomic situation.

"We expect that we will not spend the full recovery capital that we indicated of $650 million now, because, obviously, we are not bringing the capacity back to the same level. We earmarked that number at about $400 million as oppose to the $650 million," said Wolfgang Nickl, chief financial officer of Western Digital, during a conference call with financial community.
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C'mon guys, it aint that bad.
during the worst time of the flood saga you would get 2TB for around R1500-R1600.

Today you can get 3TB, 7200RP SATA III Seagates (64MB Cache) For R1580 inc VAT at PCInternational.
2TB drives are R1092 inc VAT

Sure, 2TB might be R400 or so more expensive (Retail) than in 2011, but that certainly ain't gonna break the bank guys...
 
Keeper said:
R400 or so more expensive (Retail) than in 2011, but that certainly ain't gonna break the bank guys...
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If you only buy 1 HDD at a time maybe. But, when you buy many it makes a big difference ;)
 
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Western Digital has 2.5″ 2TB drives you don’t know about

The WD20NPVT is part of the Western Digital Green family, featuring a low rotation speed to reduce energy consumption and to minimise wear and tear. The drives feature two 1TB platters and sadly are 15mm thick – big enough that it won’t fit in the majority of notebooks out there. The common height used these days is 9.5mm, suggesting that this drive may be better suited for use in an ITX chassis.
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Linky

Still pricey, but prices are coming down slowly.
 
dualmeister said:
If you only buy 1 HDD at a time maybe. But, when you buy many it makes a big difference ;)
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well even if you buy 2 x 3TB, it works out to around 50c per Gig.
I don't think that's too expensive.

you can do a lot with R3000, but you can do a lot with 6TB too :p
 
x2? Just got 250 HDDs for an job (not 2TB though) Seagate made a killing again :(
 
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