It's not fake, but they did take advantage afterwards.

We have an application server here with 6 SSDs in it that has been running non-stop serving about 300 people all day every day for years, as well as taking in EDI, satellite information, and a bunch of other stuff. Not a single drive failure.

That's about the same sort of usage our app servers at work get and the SSD's haven't missed a beat. Our DB server on the other hand is running HDD's and has terrible performance / table locking issues and has had two drive failures in the past 12 months. I'm pushing for our DB server to get a full hardware upgrade including to SSD's as I'm getting sick of things going wrong & the crappy performance.

HDD Crisis Was Fake: Seagate and Western Digital Post Big Profits http://news.softpedia.com/news/HDD-Crisis-Was-Fake-Seagate-and-Western-Digital-Post-Big-Profits-266676.shtml

http://www.onebitzero.com/wp-content/uploads/2011/11/Thailand-flood-Western-Digital-Factory.jpg Faked! "Crisis"! I mean, it's not like there was really a ****ing catastrophic flood that destroyed factories full of equipment used to make HDD or displaced millions of people (including the workers, you know). None of this REALLY happened. Or, I mean, maybe it did, but they were probably back to work in a week. A month at most. These are huge corporations! They have the money and insurance to get back to work. The article you linked was written by an idiot. I won't say anything about you, but going around and linking it to make a stupid point is a stupid thing to do. You can sit around and debate the merits of capitalism, or how much you hate supply and demand, but the flood and the effects were a very real thing. Factories really did fill with water, employees really were displaced, hard drive shipments really did drop. It's delusion, stupidity, and arrogance that let someone put "quotes" around the word crisis when speaking about a catastrophe that killed hundreds, displaced millions, and cost billions.

It did happen, but they recovered much faster than they said they did.

It did happen, but they recovered much faster than they said they did.

If demand for drives had dropped so would prices. Its basic economics dude.

If demand for drives had dropped so would prices. Its basic economics dude.

This. Stop buying HDDs for awhile ffs. :P On a more serious note, current prices actually reflect the current safe margin for manufacturers to maintain higher prices compared to pre-flood without losing considerable amount of sales. Hence, stop buying HDDs for awhile. :P On the other hand, SSDs are coming in fast and going in hard *snickers*, along with the availability of good TLC products like Samsung's. At some point, SSD's price-per-GB and durability would be on par with HDD, and HDD would probably be phased out altogether. In the mean time, if HDD manufacturers can still rake up profits while HDD is still meaningful then why not; gotta have something to get the company going while waiting for SSD to become a definite HDD replacement from every aspect.

I think he meant that crysis itself was real, but the prices are too high compared to current conditions =] just don't tell me that they don't use it as a reason to keep prices too high after everything has happend. If you know how Economy works, you should learn about greedy people ;D

I think he meant that crysis itself was real, but the prices are too high compared to current conditions =] just don't tell me that they don't use it as a reason to keep prices too high after everything has happend. If you know how Economy works, you should learn about greedy people ;D

It is a couple dollars higher and a couple years later. How could you know the prices would not have settled at this price anyway? Anyway, look at the real shipment figures. You will see a huge dip in hard disk shipments following the flood. That is naturally going to drive price higher. Since then, you not only have to fulfill current demand, but also past demand, for people who had forgone purchasing a hard disk at an elevated price. Anyway, the difference in prices between now and then is essentially nothing. You can find 1TB HDD for 49.99, just like you could before, you just need to look.

You can find 1TB HDD for 49.99, just like you could before, you just need to look.

I'm comparing same drive prices, with same specifications same vendor. Not just any 1TB drive to different 1TB drive. I assumed you mean 50USD, so cheapest 1TB drive cost 65 USD in Lithuania, our retailers also used crisis as a reason to make prices more higher. I don't really search for cheapest prices, i also have in mind that retailer or seller has to be trusted. On ebay you can get a lot of things cheaper but with huge sacrifice on quality or luck. Already burned my fingers on buying from cheapest sellers.