Storage Solutions HDD Crisis Was Fake: Seagate and Western Digital Post Big Profits

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ssdivisiongermany1933 said:
HDD Crisis Was Fake: Seagate and Western Digital Post Big Profits There was always talk about the fact that hard disk drives are so cheap, that the profitability of the manufacturers is getting low enough to limit the R&D investments they would otherwise make. Read the complete story here http://news.softpedia.com/news/HDD-...Western-Digital-Post-Big-Profits-266676.shtml
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A good find, Sire.

Off Topic can I inquire why you have the tag 'SSDivisionGermany' are you a neo-Nazi OR do you have historical interests in the same?
 
vivek.krishnan said:
Agreed. Now can someone in the US sue them, ASAP?
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Don't think so Sire, these technology companies generally band together and more importantly have powerful lobby groups that can bulldoze a lot of opposition.

Consider this no company even within the select coterie of powerful companies of the Silicon Valley can sue these chaps because of the fact --
  • They are all dependent on these majority suppliers of hard-drives for their own needs.
  • If they sue them, chances are soon they will get a lot of backlog of slowly deteriorating hard-drives. Their supplies of the drives will be poisoned to 'teach them a lesson'.
  • No company can fill the vacuum of this powerful duopoly, it would have been akin to the NATO and the USSR crashing on the same day. The hard-drive supply will slowly dwindle and putter out into oblivion.

Hope this puts my point clearly. Cheers!!
 
Thank god i had about 2.5 tb of space before the fake crisis. Won't be getting a HD till 1tB again costs 3k again.

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Those fffffffffffffffffffuuuuuuuuuuuuuuuu

Seriously, if profit was low, nobody forced you to keep slashing the prices. First, keep prices down due to competition and then joined forces to earn more profit. Sick b@$t@rd$...
 
ALPHA17 said:
Don't think so Sire, these technology companies generally band together and more importantly have powerful lobby groups that can bulldoze a lot of opposition.

Consider this no company even within the select coterie of powerful companies of the Silicon Valley can sue these chaps because of the fact --
  • They are all dependent on these majority suppliers of hard-drives for their own needs.
  • If they sue them, chances are soon they will get a lot of backlog of slowly deteriorating hard-drives. Their supplies of the drives will be poisoned to 'teach them a lesson'.
  • No company can fill the vacuum of this powerful duopoly, it would have been akin to the NATO and the USSR crashing on the same day. The hard-drive supply will slowly dwindle and putter out into oblivion.

Hope this puts my point clearly. Cheers!!
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Naah, was thinking about some citizen groups joining and filing an equivalent of PIL over there.
 
I wish if EU or someother org files an Anti trust against them in befooling customers.
 
The merging of HST and Samsung with these two big players has made it worse, i dont think prices will come down in the near future.
 
I have been following this HDD price article on google for a long while now and it will remain the same till Q3 or Q4 2013 . Hard drive demand remains the same with the OEM manufacturers and Enterprise users.
 
I'll feel bad for the suckers who bought HDDs through this so called 'crisis' after I've shed a tear for Hitachi leaving the HDD market
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^ i bought ram when there was the ram pricing thing going on few years back. bought a 1gb of ddr2 ram for around 5k. the companies got fined for millions of dollars in antitrust litigation's.

this seems like the same old wine in new bottle. create artificial scarcity taking advantage of natural calamity, and rake profits. Only thing is, they did dumbest thing of showing growth in production and profits in their yearly report. i want to see if us doj will sue them for millions or be partial to them since they are us of a companies.
 
Seagate was hardly effected by the Flood, WD was the one with their manufacturing plants flooded.

The cost increased due to constrained supply from WD, check WD's their earlier quaterly results, they have been in loss for a while after the flood.

The article is biased because its only talking from the end user perspective.

WD has recovered now, and the supply/demand ratio for HDD's would stabilize soon.
 
Prices won't stabilize before the end of the year, and i suspect it to never be as low as it was during q1/q2 of 2011.

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Suing can only be done if they collude. Collusion is not legal. Keeping prices high is ok. What happened was due to low supply of poducts in the market, and the demand remaining high only, the prices moved higher, which is all fine by free economics theory. What would have been criminal is to either collude to raise prices together, or artificially keep supplies low. If none of the 2 happenned, then nothing illegal happened. The higher profits are a natural result of a company less impacted (Seagate) by the calamity being able to make profits...
 
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