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

22 posts · originally from https://geek.digit.in/community/threads/hdd-crisis-was-fake-seagate-and-western-digital-post-big-profits.156208/

Terabyte
Terabyte Original post #1
Apr 28, 2012 at 3:53 PM
Hard drive manufacturers Seagate Technology and Western Digital have reported great financial results after such a prolonged hard disk drive “crisis.”
Source -> HDD Crisis Was Fake: Seagate and Western Digital Post Big Profits
pranav0091
Apr 28, 2012 at 4:31 PM
If true, doesnt that qualify as fraud?

I mean under some section of the law that prohibits creating artificial demand. I remember reading something like that in an economics class.
theserpent
Apr 28, 2012 at 4:34 PM
No company can gain profits by fake means.Whats next another Sathyam?
Skud
Skud #4
Apr 28, 2012 at 5:10 PM
Good thing is that SSD prices are coming below $1 per GB.

Regarding that report, sales figure during the last 6 months (the crisis period) vis-a-vis last year will be more helpful to get the real picture.
theserpent
Apr 28, 2012 at 5:31 PM
^^ Most probably SSD will be as much as the present HDD rates in a year
Skud
Skud #6
Apr 28, 2012 at 7:45 PM
No way, but much cheaper for sure. OCZ Vertex 3 120gb is now 8.8k at Amazon all inclusive. This is awesome value.
Liverpool_fan
Apr 28, 2012 at 7:50 PM
No way, but much cheaper for sure. OCZ Vertex 3 120gb is now 8.8k at Amazon all inclusive. This is awesome value.

Impressive stuff, my OCZ Vertex 2 60GB set me back by 6.5k 7-8 months ago. Hopefully SSDs have further price drops.
ssdivisiongermany1933
Apr 28, 2012 at 8:33 PM
it doesn't matter at all whether crisis was fake or true , the price are still 100% high and will remain at least for a year or year half
coderunknown
Apr 28, 2012 at 9:15 PM
HDD sales dropped. SSD sales was bumped big time. SSD = really expensive and thus manufacturers get big profit from SSD. so you can't just say this HDD crisis was a big drama (in the latter stages) by just looking at their profit.

Impressive stuff, my OCZ Vertex 2 60GB set me back by 6.5k 7-8 months ago. Hopefully SSDs have further price drops.

in the CPU arena Intel is driving the price up. In the SSD market, Intel is driving the price down. strange !!!

we found out that Seagate even managed to increase its HDD shipments with around 2% when compared to the previous year. Where exactly was that “crisis?”
about this line, Seagate now adds Samsung HDD to its line of HDDs. Samsung is more famous in the laptop space than desktop. So if they are counting all sort of HDD, this figure can be true.
G
Apr 28, 2012 at 9:40 PM
good ...i.bought 3 hdd before this crisis at cheap... :)
R
rajnusker #11
Apr 28, 2012 at 10:20 PM
Fake or not, I just want those old days back when 500GB was priced at 1.7k :(
tkin
tkin #12
Apr 28, 2012 at 10:49 PM
Seagate is the fake here, compare WD's last year vs this year and do the same for seagate, you'll know what I am saying, in the flood only WD was harmed, nothing happened to seagate, but they still increased the prices anyway and dropped the warranty.
Sujeet
Sujeet #13
Apr 28, 2012 at 11:06 PM
In World Of Business. SH#T happens everyday.
thetechfreak
Apr 29, 2012 at 7:10 AM
Seagate :facepalm:
Fake or not, I just want those old days back when 500GB was priced at 1.7k :(

I donot think they were ever this low. The lowest I found online with all tax at that time was 1.9k :wink:
mitraark
mitraark #15
Apr 29, 2012 at 9:27 AM
Nope , i have bought a 500 GB HDD for Rs 1.75k after much bargaining.

This news , i don't know whether to be mad for the obvious reason , or be hopeful that now the price might finnaly come down to the point it was a year ago.
Skud
Skud #16
Apr 29, 2012 at 10:09 AM
Yeah, it was at that level. And 1TB was 2.6k before price went northwards.
coderunknown
Apr 29, 2012 at 10:54 AM
I donot think they were ever this low. The lowest I found online with all tax at that time was 1.9k :wink:

was available at kolkata for that price. online prices were high.

Yeah, it was at that level. And 1TB was 2.6k before price went northwards.

golden days. now high price, less warranty. and we don't have an alternate. SSD are out of reach for normal peoples. and even if its price come down, its not reliable like HDD.
Renny
Renny #18
Apr 29, 2012 at 11:55 AM
Effin a-holes if true, how I wish I had bought another 1TB HDD for 2.8K!
toad_frog09
Apr 29, 2012 at 1:23 PM
Golden days: I got a wd green 500gb at rs 1400. Locally.
I wish i'd bought ton of them and later sold it on ebay at profit once crysis started.
:p
Faun
Faun #20
Apr 29, 2012 at 1:30 PM
Golden days: I got a wd green 500gb at rs 1400. Locally.
I wish i'd bought ton of them and later sold it on ebay at profit once crysis started.
:p

Only if you have decent enough rig to run it. :lol:
clmlbx
clmlbx #21
Apr 29, 2012 at 5:07 PM
Seagate :facepalm:


I donot think they were ever this low. The lowest I found online with all tax at that time was 1.9k :wink:

they were, Last I got for friend was at 1.5K and a Dealer said to me he will give me at 1.2K after couple of months or so. difficult to believe but ..
D
dingdong #22
May 2, 2012 at 11:08 AM
Yes it was definitely created.Btw 500gb were selling for 1.7k.Then it became 2.4k then 3.5 and now as we all know.The price skyrocketed within 3-4 days.