Anyone see this

[Delengowski]

http://www.pmicomputersupplies.com/despite-floods-hard-drive-prices-are-starting-to-come-down/


“the Western Digital plant in Bang Pa-In — which was under 6.5 feet of water in mid-October — started running again on Nov. 30. Per Western Digital President John Coyne, “The passion, perseverance, ingenuity, and execution exhibited by the WD team has enabled us to make substantial progress in partially restoring our operations in Thailand, well in advance of our earliest expectations.”

seems like a crock of *** to me that prices ever went up, the companies used the flooding as a justification imo

 

[RealBeast]

It is an issue of basic economics, supply and demand curves meet at the price point -- supply went way down, demand remains relatively high, price went way up. As prices went way up, demand started to fall, which resulted in some moderation of pricing. Hard drives are clearly a simple commodity that are not immune.

Anyone who can avoid buying until the market adjusts back down in price should wait, otherwise just hold your nose and pay.