Soldato
Holy crap! That's intense price hiking!
Hard Drive Pricing going up at an alarming rate!!!!
- Thread starter Andrew Moore
- Start date
Soldato
I need a 3TB can't find one anywhere for £120
Associate
Ive just sold 9 of my old 1TB drives on fleabay for around the same price I bought them a few years ago. Silver linings and all that
Caporegime
Same here! I need more space as well. Never mind, will just have to wait a while for prices to go back down. Or invest in a couple of SSDs.
Soldato
My folks hdd just died in their old athlon 64 machine, i looked at the prices again and a 1tb hdd was £145 or so.... then I spotted on the same site a whole pc with a 1tb 7200rpm drive and a 3.2ghz dual core pentium, 4gb ram, dvd writer etc for £199 time for a little upgrade for them 
Soldato
Wow!
I had no idea that the prices of hard drives were going up. I very nearly pushed the purchase button on a 2TB drive for £60-£70 but thought i'd hold out a bit longer for the prices to come down a bit.
Can't believe how much they've gone up by.
I had no idea that the prices of hard drives were going up. I very nearly pushed the purchase button on a 2TB drive for £60-£70 but thought i'd hold out a bit longer for the prices to come down a bit.
Can't believe how much they've gone up by.
Associate
There is a thread in the latest news forum related to this with links to reports in and out of the trade.
I started a retail business here in Singapore a couple of months ago selling PC components but mainly working on building mITX machines including Xeon servers, ESXi servers, HTPCs, small desktops, games machines and ... NAS boxes ..... yeah I know, not quite the right time as the floods hit Thailand.
This is what I know for fact in Singapore.
Prices between distributor and retailer, if you wanted to be competitive, for a hard drive before the flood were between 25p->50p. That would double if you bought 20 units, maybe you would get a quid for 100units and around 3 quid for 1000 at a time.
Hard drive sales are usually low profit fast pass through volume sales. They tend to go in and out the door extremely fast if you have a good price. The same is true of processors although the margins are slightly higher.
The WD distributor here does not expect any stock of 2.5" hdd for 3+ months. Stocks of 3.5" drives are now being limited to 25 pieces per retailer.
The Hitachi distributor has no stock of more or less anything.
The Seagate distributor seems to be the least affected and has 2.5" drives and 3.5" drives but the prices have jumped.
The margin on drives since the floods between distributor and retailer has increased. There is now an 4 quid margin between the distributors price and the suggested retail price but due to the market here there is only a 2.50 difference.
Small size SSDs are becoming increasingly hard to find but their prices are not so elevated even though stock is low due to the increased demand.
A 500GB Seagate 2.5" drive is currently around 60 quid excluding local tax. A 2TB Seagate S$5.9k rpm is around 110 quid.
What I believe
The margin on drives has gone up as the volume of stock, and therefore sales, has gone down.
The profit margins in the UK are bigger than Singapore based on information in the other thread and the USD unit prices I am aware of at a distributor level.
The retailer profit margins are nowhere near what people think they are for most things (including what I thought before starting out). There are exceptions where the margins are higher but these are generally for specialist items that have a slow sell through and so have to be stored until a buyer comes forward.
20% VAT is really not helping matters as it is inflating the price even higher.
Some of the stock shortages is due to companies hoarding like people expecting a conflict or disaster stripping the shelves of food.
What I do not have any information on
Margins between manufacturer and distributor and if manufacturers are holding stock back deliberately.
Details on the flooding;
Google emergency response here (Google).
Reuters on the Bang Pa-in Industrial Park which was flooded where WD has a factory and is now stabilised and is beginning cleanup operations here (Reuters).
Photos from around Thailand on the flooding (think before getting a new Honda made in Thailand - see pic 1
) here (Channel News Asia).
A WD factory flooded here (Mac World).
A Nidec flooded here (HotHardware).
RB
I started a retail business here in Singapore a couple of months ago selling PC components but mainly working on building mITX machines including Xeon servers, ESXi servers, HTPCs, small desktops, games machines and ... NAS boxes ..... yeah I know, not quite the right time as the floods hit Thailand.
This is what I know for fact in Singapore.
Prices between distributor and retailer, if you wanted to be competitive, for a hard drive before the flood were between 25p->50p. That would double if you bought 20 units, maybe you would get a quid for 100units and around 3 quid for 1000 at a time.
Hard drive sales are usually low profit fast pass through volume sales. They tend to go in and out the door extremely fast if you have a good price. The same is true of processors although the margins are slightly higher.
The WD distributor here does not expect any stock of 2.5" hdd for 3+ months. Stocks of 3.5" drives are now being limited to 25 pieces per retailer.
The Hitachi distributor has no stock of more or less anything.
The Seagate distributor seems to be the least affected and has 2.5" drives and 3.5" drives but the prices have jumped.
The margin on drives since the floods between distributor and retailer has increased. There is now an 4 quid margin between the distributors price and the suggested retail price but due to the market here there is only a 2.50 difference.
Small size SSDs are becoming increasingly hard to find but their prices are not so elevated even though stock is low due to the increased demand.
A 500GB Seagate 2.5" drive is currently around 60 quid excluding local tax. A 2TB Seagate S$5.9k rpm is around 110 quid.
What I believe
The margin on drives has gone up as the volume of stock, and therefore sales, has gone down.
The profit margins in the UK are bigger than Singapore based on information in the other thread and the USD unit prices I am aware of at a distributor level.
The retailer profit margins are nowhere near what people think they are for most things (including what I thought before starting out). There are exceptions where the margins are higher but these are generally for specialist items that have a slow sell through and so have to be stored until a buyer comes forward.
20% VAT is really not helping matters as it is inflating the price even higher.
Some of the stock shortages is due to companies hoarding like people expecting a conflict or disaster stripping the shelves of food.
What I do not have any information on
Margins between manufacturer and distributor and if manufacturers are holding stock back deliberately.
Details on the flooding;
Google emergency response here (Google).
Reuters on the Bang Pa-in Industrial Park which was flooded where WD has a factory and is now stabilised and is beginning cleanup operations here (Reuters).
Photos from around Thailand on the flooding (think before getting a new Honda made in Thailand - see pic 1
) here (Channel News Asia).A WD factory flooded here (Mac World).
A Nidec flooded here (HotHardware).
RB
Soldato
this reminds me of the Robotics speculation that happened in EVE when PI was introduced
Associate
- Joined
- 29 Jul 2008
- Posts
- 692
i have found a possible retailer who is selling HDD for following prices.
500gb WD £39.99
1TB WD 64.99
Sadly were out of stock when i went today but have been told there is a good chance of more stock coming, sorry i not going to reveal who the retailer is untill i get my hands on the hard drives if they are in stock....
Once i get my grubby hands on them next week if they are there il let you know where i getting them from
500gb WD £39.99
1TB WD 64.99
Sadly were out of stock when i went today but have been told there is a good chance of more stock coming, sorry i not going to reveal who the retailer is untill i get my hands on the hard drives if they are in stock....
Once i get my grubby hands on them next week if they are there il let you know where i getting them from
Once i get my grubby hands on them next week if they are there il let you know where i getting them from
No you won't if you want to keep your forum account.
Discussing, mentioning or hinting at competitors and their prices is against the forum rules.
Is that before VAT? Looks pretty damn awesome either wayWas looking through old invoices on ocuk and I found this...
Hitachi Deskstar 5K3000 2TB SATA 6Gb/s 32MB Cache 5900RPM - OEM £46.66 x 5 - £233.30
Prices are crazy right now
I just had a look back to the drives I bought in March:
500G Samsung Spinpoint F3 - £24.97 ex, £29.96 inc
2TB Samsung Spinpoint F4 - £51.90 ex, £62.28 inc
/edit checking the OcUK store they are now £89.99 and £139.99 respectively. Full on tripling in price for the smaller drive
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For me it would have to be sub-£100. I appreciate that's not likely in today's climate though. So I'll wait it out even if it's a year or two.
Doesn't matter anyway. I need a drive but don't have any spare cash, but found 3 2tb Western Digitals on ebay for £66. If I bought them all and sold two for £100 on here, it would pay for mine. I get my drive for free, and two people get them at severely reduced cost.
However, the seller has received 2 negative feedback ratings in the last 24 hours because they don't actually have them in stock.
However, the seller has received 2 negative feedback ratings in the last 24 hours because they don't actually have them in stock.
Soldato
And it would be against the forum rules as you can't sell them for more than you paid.