These prices are ridiculous, and have been this way for the past month or so. I understand that flooding has affected some areas (such as Western Digital's manufacturing facility), however, what about Seagate's? From what I have heard, Seagate isn't even located in the affected areas, so their price increases aren't really justified.
that was a month cutoff which wouldn't impact harddrives much if at all with production down, and its over now anyway.
its going to be a year or two. supply is way down due to the flooding. demand is the same. prices go up. on top of that will be the cost of building/repairing the plants and equipment which they will have to make back