History of magnetic hard drive and SSD prices
published December 19th, 2011 | categories: Hardware, Images | all categories
The shortage of hard drives (hdd) has increased prices over the last couple of months. Flooding in Thailand knocked out major manufacturing outlets for Western Digital and Seagate, crippling production. Now that hard drive prices have increased, have you switched, or thought about switching over to SSD’s? Why in the hell not!? There are so many reason to move over to SSD’s, but that is not why you are reading this article. Let’s get down to it.
Image courtesy Pingdom.com
If you are looking at raw storage and cost, it will be cheaper to use traditional magnetic disk storage. However, if you are about performance, SSD’s are the way to go. When hdd’s came to market in around 1996, they cost $56.30 per gigabyte. When SSD’s came to market, they were $40 per gigabyte. Currently, we are seeing prices for magnetic/SSD at about 1:2. I will tell you, Artur Bergman will tell you and others will tell you, SSD’s are the only way to go, hands down.
Key Facts (courtesy Pingdom.com)
- The average price of SSD has fallen from $40 / GB in 2007 to $2.42 in 2011.
- The average price of HDD has fallen from $56.03 / GB in 1998 to $0.075 in 2011.
- For SSDs in 2011, the lowest price per GB we have in our data set is $1.50.
- For HDDs in 2011, the lowest price per GB we have in our data set is $0.053.
- In 2007, SSD memory cost 120 times as much as HDD memory. In 2011, that has dropped to 32.
- If a 3 TB HDD would cost as much per GB as the average SSD today, it would cost around $7,260. Right now, the cheapest 3 TB drive on NewEgg.com is $230.
- The current average price per GB for SSD is about the same as it was for HDD in 2002.
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