Newegg Clarifies Its Intel SSD Price Increase

Earlier this week we noticed that Newegg's prices for Intel SSDs were much higher – in some cases, more than twice as much – than the manufacturer's suggested retail price. (See the original story here.)

Newegg has responded to our inquiry regarding the price with the following statement:

"Thank you for bringing this to our attention, we sincerely apologize for any inconvenience this has caused.  We are aware of this issue and we are working exclusively with Intel to provide these products in greater numbers to meet the growing consumer demand.  We apologize again for the inconvenience and we would like to assure you that providing the best online experience possible is our top priority."

Clearly the price increase is tied to supply and demand. With the recent surge in demand for Intel SSD parts, the dwindling stock at Newegg has driven up price.

Intel PR manager Dan Snyder told Tom's Hardware, "Intel has not raised distributor pricing but the demand for 34nm SSDs is outstripping supply, which Intel is addressing. We cannot speak to pricing strategy at specific etailers."

Have you been hot for an Intel X25-M SSD lately?

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  • gorehoundmaybe it is timne not to shop there.that was/is a very lame thing to do to consumers.

    Almost EVERY retailer will do the same. It's called supply and demand and has been a staple in the smart business practice for thousands of years.

    And besides that, it was very likely under automated control anyways. newegg.com has hundreds of thousands of different products to sell. It cant keep a greedy eye on every single one of them.

    Get over it.
    17
  • Quote:
    We are aware of this issue and we are working exclusively with Intel to provide these products in greater numbers to meet the growing consumer demand.

    In other words: "yes, we increased the price because we had limited quantities available."

    I wonder if Newegg's system was setup to automatically increase the price when stock fell below a certain limit. I'm not sure what Newegg would need to "work" on, just lower the price back down.
    13
  • Other Comments
  • I just bought mine today, I would have from Newegg, but they're out, got it elsewhere.
    0
  • Quote:
    We are aware of this issue and we are working exclusively with Intel to provide these products in greater numbers to meet the growing consumer demand.

    In other words: "yes, we increased the price because we had limited quantities available."

    I wonder if Newegg's system was setup to automatically increase the price when stock fell below a certain limit. I'm not sure what Newegg would need to "work" on, just lower the price back down.
    13
  • maybe it is timne not to shop there.that was/is a very lame thing to do to consumers.
    -18