Basically, they posted large profits and even increases in hard drive manufacturing during the "crisis."
Not sure if I want softpedia to be right or wrong. :/
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"If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy. The loss of Liberty at home is to be charged to the provisions against danger, real or imagined, from abroad." - James Madison
Basically, they posted large profits and even increases in hard drive manufacturing during the "crisis."
Not sure if I want softpedia to be right or wrong. :/
You can't fake floods........
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“These are the voyages of the starship Enterprise, it's continuing mission to explore a strange new worlds, to seek out new life and new civilizations, to boldly go where no one has gone before.”-Gene Roddenberry
It's not that the factories were damaged or flooded, that's true. It's the fact they doubled and tripled the prices of hard drives. At the same time, buying out other companies and still reporting big profits. I'm not sure though, I'd like to see something from other sources.
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"If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy. The loss of Liberty at home is to be charged to the provisions against danger, real or imagined, from abroad." - James Madison
It's not that the factories were damaged or flooded, that's true. It's the fact they doubled and tripled the prices of hard drives. At the same time, buying out other companies and still reporting big profits. I'm not sure though, I'd like to see something from other sources.
That is not fake, that is called supply and demand. It is basic economics....
Of course they are posting record profits, the damage the floods caused would have cost less than the heightened demand in HDDs and the raised prices would bring.
Am I the only one who sees absolutely nothing shady about this? It would happen the same way with any other industry.
Are there any sources that they lied about the supply of HDDs? I honestly can't find a single credible source and everything else is speculation.
Of course they are posting record profits, the damage the floods caused would have cost less than the heightened demand in HDDs and the raised prices would bring.
I don't know why, but somehow the writer appears to think that the price of repairing the caused damage must be equal to the extra profit the companies make from HDD's.
Just after the floods, I saw a couple online retailers state that their supplies were very low and that it could take up to a few months before your ordered HDD would arrive. There was a shortage on HDD's, I don't know whether it was caused by bad transport, low production rates or anything else, but there was definitely a shortage. And when there's a shortage of something, its prices always go up.
I don't know why, but somehow the writer appears to think that the price of repairing the caused damage must be equal to the extra profit the companies make from HDD's.
Just after the floods, I saw a couple online retailers state that their supplies were very low and that it could take up to a few months before your ordered HDD would arrive. There was a shortage on HDD's, I don't know whether it was caused by bad transport, low production rates or anything else, but there was definitely a shortage. And when there's a shortage of something, its prices always go up.
I know from experience there was an actual shortage of HDDs, the best buy/staples/etc. stores in my area had NO HDD stock whatsoever for almost 2 months. None. I also had trouble ordering bulk HDDs from OEMs and amazon.
If the crisis was faked, why were so many retailers/sites not able to stock HDDs? That really doesn't make any sense.
It was not faked in the slightest. Do any of you guys follow the news in the enterprise market? Enterprise drives have skyrocketed in price, and supplies are at rock-bottom for all drives. The thing is, all the manufacturers and distributers have massive amounts of stock, which has been drawn down to record low levels. Yes, pricing increased, mostly due to the laws of supply and demand. Part of the reason prices rose was because too many people were buying drives, and they were running out of stock.
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.” — Albert Einstein
"Never try to teach a pig to sing; it wastes your time and it annoys the pig." — Robert Heinlein
The idea is sensationalist. However, it will take far longer to get prices back to normal, even after production is at capacity and stock is plentiful. Supply and demand.
Well, does not mean they did not have good stocks of them.
You cannot ship or move stuff through water in roads via trucks last I know of. So stores, and stuff had to make due with what they had because no new shipments could be done due to flood waters preventing factories shipping them.
I know from experience there was an actual shortage of HDDs, the best buy/staples/etc. stores in my area had NO HDD stock whatsoever for almost 2 months. None. I also had trouble ordering bulk HDDs from OEMs and amazon.
If the crisis was faked, why were so many retailers/sites not able to stock HDDs? That really doesn't make any sense.
Why would you need to buy bulk HDD's?
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I'm back from my eternal slumber of 2 or 3 months. A long-ass time.
Oh boy, visual basic. I can barely contain my excitement.Not.
He runs a computer-repair buisness, so it's handy to have hardware around when things need to be replaced. This is espesially true with hard drives, which can be easily changed and rarely becomes outdated.
That, and I am the secondary call-guy for a few offices with file servers in their network. Quickly replacing 3-4 HDDs then rebuilding the array is not uncommon.
I don't just buy things unless they give me money to pay for them.
Softpedia? ew.
The crisis was real. It was harder to get a hold of the hard drives.
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New account: FrozenOblivion, Contact me there, not here
Desktop (not yet built): i7 2600k/3770k, Gtx 680 DCII/Twin Frozr III, 16gb ram, 2TB Seagate hard drive, 500R/650D. psu that I haven't decided on yet
Basically, they posted large profits and even increases in hard drive manufacturing during the "crisis."
Not sure if I want softpedia to be right or wrong. :/
You can't fake floods........
thats not what hes talking about, hes talking about they lied about the number of hard drives, if any that were lost/damaged
jesus christ...
Of course they are posting record profits, the damage the floods caused would have cost less than the heightened demand in HDDs and the raised prices would bring.
Am I the only one who sees absolutely nothing shady about this? It would happen the same way with any other industry.
Are there any sources that they lied about the supply of HDDs? I honestly can't find a single credible source and everything else is speculation.
I don't know why, but somehow the writer appears to think that the price of repairing the caused damage must be equal to the extra profit the companies make from HDD's.
Just after the floods, I saw a couple online retailers state that their supplies were very low and that it could take up to a few months before your ordered HDD would arrive. There was a shortage on HDD's, I don't know whether it was caused by bad transport, low production rates or anything else, but there was definitely a shortage. And when there's a shortage of something, its prices always go up.
If the crisis was faked, why were so many retailers/sites not able to stock HDDs? That really doesn't make any sense.
"Never try to teach a pig to sing; it wastes your time and it annoys the pig." — Robert Heinlein
You cannot ship or move stuff through water in roads via trucks last I know of. So stores, and stuff had to make due with what they had because no new shipments could be done due to flood waters preventing factories shipping them.
Thus Supply and Demand did play a big role.
Am I on to something or wrong?
Why would you need to buy bulk HDD's?
2 or 3 months.A long-ass time.Oh boy, visual basic. I can barely contain my excitement. Not.
I don't just buy things unless they give me money to pay for them.
The crisis was real. It was harder to get a hold of the hard drives.
Desktop (not yet built): i7 2600k/3770k, Gtx 680 DCII/Twin Frozr III, 16gb ram, 2TB Seagate hard drive, 500R/650D. psu that I haven't decided on yet