Storage HDD Prices

Suppliers that bought stock before the " buy in price " increased have in fact increased their sell on price, so people like scan etc are paying more from the suppliers if they didnt already have allocated stock before the price hike.

 

I believe suppliers like Scan have been advised by the middle man to raise prices of their old stocks in order to fund purchasing of even more expensive supplies. That way the middle man have positioned themselves to make a killing on HDDs.

However, if we all refuse to buy HDDs at high prices then eventually these prices will drop.

Hopefully suppliers like Scan would review who they do business with and choose a more ethical middle man.

 

They will... In about 6 months to 1 year, when the situation at manufacturer level will be solved.

You talk like if there are lots of them. You can call yourself lucky if any specific item has more than 3-4 main importers for whole EMEA region.

And prices increased worldwide. So which distribution channel is responsible for the price increase ?

 

Realistically how long do we reckon this will last ? I can get a few F3's and F4's at old trade price, tempted to just get them and keep them aside for when i have new builds that need HDD's, can also get a few WD drives, little more expensive than the samsungs though

 

If we all refuse to buy HDDs your a frickin joke... the reason the price is high is not for a load of enthusiasts building their own rigs. Its company's who use HDD in their product that need drives or they go bust.. that's why there paying extra to secure the little stock their is. They would rather pay 200 for a 50 drive so they can still sell their 3500 product. there not gonna write off 800 profit cos they had to spend a extra 150 on a component.

They make money from their solution not the drive on its own... this market uses more drives that currently available hence the price hike.

THE MARKET FOR INDIVIDUAL CUSTOMERS FOR UPGRADES ETC IS 1%

Now please go and boycott buying a HDD or better still boycott breathing your so annoying/stupid

 

For someone who has poor grasp of grammar I'd suggest you refrain from calling anyone stupid here. For the record it's "you are so annoying" not "your so annoying". Some people would argue that poor grammar is a sign of low intelligence. It also seems some of your cronies also have poor grammar too.

Now if you're annoyed then you should remember I haven't even flexed my muscles yet and have behaved impeccably.

There is a lot more to come, Yeoo. Lots more in store.

Oh dear, I think I found another inconsistent statement. If you're claiming this to be a fact then why would you be so annoyed if people boycotted buying HDDs?

This suggests you're willing to say anything in order to make money. You can never trust a capitalist when it comes to money and truth.

 

Can we just stop all of this now, it's becoming tiresome and is cluttering up the forum.

 

Oh forumites of bit-tech! I declare this a troll! This beast does not spout his nonsense for sake of realistic argument, but to watch our forum go up in flames. Please, ignore him.

 

Indeed

 

HI guys time for some good news :=)
With the expertise I have gained from being in the IT industry and buying and selling HD'd for many years I can predict that this issue is about to peak (I think)....

This morning I am seeing most suppliers with some stock, I.e. 40 here and 80 there.
This is the first time I have seen this since Wednesday Oct 19th.
And this is also the first time since then that the majority of trade suppliers are charging less then the retail sites, so with this info I believe that the retail sites will start to drop from tomorrow. Although supply is still very tight, so I would imagine going forward we will still be seeing 500gb @ £75 and 1TB @ £100 for a week or two, but the peak has been reached.

 

Maybe because the fact you seem to think that the price rises are down to a attempt to rip off the home build market. The reality is that the limited supply and high demand from business to business customers who need HDD to make thier income. As i said the price of a HDD is a issue but not a problem to this type of customer as it reduces there profit but having a expensive HDD is better than no HDD.

Maybe you need to launch your accursations at the manufacturers who have raised thier prices 4 times n last couple of weeks.

 

I've been meaning to get a new hard drive as mine is getting a bit noisey and was waiting till Christmas, read this and checked my saved basket on scan.

2TB Seagate Barracuda Green Was £58.78 now: £125.39!!!!!!!!!!

Although my Crucial M4 128 MB has only gone up from £143.98 to £151.34 however it's out of stock.

Why didn't I buy them when I had the chance.

What are the chances of the prices going down before Christmas?

 

Like I said above I think the peak will occur today or tomorrow, from then prices will stabilise and then start to slowly drop, expect things to be back to normal by mid February.

All the systems builders who had customers waiting for their £1K+ PC's should now be able to fulfil there commitments, so the pressure will be off.

 

There's no way I'm paying more than £100 for a HD, and I'm not replacing my noisy 1TB drive for a 1TB drive that costs more than the one I got a few years ago.

Feel really stupid now for turning an old 320 GB drive into coasters, would of been useful for when my drive inevitably dies and I can't afford to replace it.

 

You can turn an old drive into coasters? Cool....

 

1) chances of prices going down before christmas are slim.
2) chances of you buying Seagate Barracuda Green for cheap are even slimmer. Why ?
http://www.seagate.com/ww/v/index.j...toid=9886c907f6a43310VgnVCM1000001a48090aRCRD

 

I think this was just a heads up to say from next year all drives will be 6gb/s rather than having the choice of 3 and 6 and just a 50p difference between the two (well that’s what it was 2 weeks ago:=)

 

Yeoo, you'll need to work on your writing as your tone reeks of arrogance and patronising behaviour. These are the characteristics for someone of a dubious nature being bold enough to tell lies to us all.

With the HDDs prices rises by over 300% then it's obvious someone in the supply chain is attempting to make a killing, no?

It is not unusual that the 'blame game' is a tool used by the market manipulators as part of their covert operation to maximise their profits, no?

I shall take my cue from press articles like this one from the well respected news agency Reuters:

NetGear Inc, which buys hard drives to use in commercial storage devices, in some cases has seen prices charged by distributors more than double from levels before disaster, said Shane Buckley. general manager of NetGear's commercial business.

"Speculators are gouging the market significantly and in some cases making enormous profits out of the people of Thailand's misery," Buckley told Reuters. He declined to say which distributors.


Yeoo, don't you think this article clearly points the finger at the distribution channels, no? No doubt manufacturers have raised their prices but not by 300%.

Now another article from Xbitlabs suggests that Seagate could increase their productions to 60 & 70 million units in 2011 Q1 and 2012 Q2 respectively.

"Based on our current assessment of the external component supply chain, we expect to ship between 40 million and 50 million units in the December quarter. Given the volatility in the supply chain, which will impact mix and volume, we cannot provide a meaningful revenue estimate at this time," said Mr.Luczo.

Provided that the issues with external components get resolved, no other problems occur and Samsung's HDD business acquisition proceed as planned, Seagate will be able to increase its production capacity to 60 million hard drives by the end of Q4 2011 and boost that number by 10 million in Q1 2012.

"Our production is not constrained by either internal components supply or by our ability to assemble finished product; rather, we are constrained by the availability of specific externally-sourced components. If these component constraints are resolved result by the end of the December quarter, we expect to exit the quarter with a production capacity of at least 60 million units for the March quarter, excluding any additional capacity from the Samsung acquisition. Assuming no component constraints, we would expect additional capacity of at least 10 million units associated with the Samsung acquisition," concluded Mr. Luczo.

This article seems to put Seagate's CEO Luzco comments into context in light of the Thai floods while other articles had clearly missed them off.

 

That only works if you sell the same amount.
But they haven’t had the stock to sell, so basically you charge what ever you can get for them until you sell out, and the aim in business as I thought you know was to sell out just before your new stock comes in.

These theories really make no difference when you substitute for real numbers.
I.e. supplier number one buys 10K HD's at 30 each and sells then for £33 making a 10% gross profit of £30,000.

Same supplier only has 200 drives arrive last week, they cost him £50 and he sells at a 100% gross profit making £10,000.

Now lets say they have a £10,000 fixed total overhead, in week one they make £20K net profit, in week two they make zero.

That’s the real situation.

 

Though that is correct, I am not sure any business would put all their eggs in one basket as you suggest.