I was searching Amazon for reviews of the Synology 4-bay Network Attached Storage devices and noticed that hard drive prices were very high. Remembering that floods in Thailand in October may have contributed to this, I found this article, Hard drive prices showing rapid decline, on Google. This article stated that “the floods in central Thailand in October wiped out more than 25 percent of worldwide hard drive production.” Here’s what that site had to say:
An example: The Camelegg chart, which tracks prices at Newegg, shows the Western Digital 2TB Caviar Green Western Digital20EARS hit a low of $69.99 just before the flood. A month later, on Nov. 10, it had soared to $249.99 — an increase of 250 percent. Today the drive sells at Newegg for $162.99, which is 35 percent less than it cost a month ago. The pricing trend is clearly down — although how far down and how fast are points of conjecture.
Wow, a huge price increase! This chart on Camelegg shows a graphical representation of its price since January 11th, 2011. It looks like I will be waiting awhile until I buy a NAS or get new hard drives! But, I did find same really sweet sites to track prices at Amazon, Backcountry, Newegg, and Best Buy.
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