Yeah, that is the different in counting binary compared to decimal.
In decimal, the way the drive manufacturers count, it is ~750,000,000,000 bytes.
In binary, the way to OS counts, each order of magnitude is 1024 instead of 1000, so 750,000,000,000/1024 = 732,421,875 kB, then 732,421,875/1024 = 715,255 MB, and then 715,255/1024 = 698GB.
The OS and the drive manufacturers count gigabytes differently. Technically, the OS is counting GiB, not GB.
(The drive manufacturers already won a class action lawsuit over this disparity years ago. You're not going to win any lawsuits against them over false advertising. So, don't try.)
http://en.wikipedia.org/wiki/Binary_prefix