Seagate’s Raised View Suggests Hard-Disk Drives To Hold Prices – WSJ.com

In Blog, Hard Disk Drive News by Administrator

Increased profits for HDD manufacturers.

Seagate’s Raised View Suggests Hard-Disk Drives To Hold Prices – WSJ.com.

Although consumers and smaller businesses might be struggling with the availability and increased pricing of hard disk drive it seems like Seagate (and other manufacturers) are not. It appears there is much profit to be made as a result of the flooding in Thailand with the higher than average HDD prices holding. One wonders whether the HDD manufacturers will use part of the increased profits to help with the human cost of the flooding tragedy.  It’s hard to know what shareholders might think of that, given increased share prices and a good outlook for the manufacturers profits. Perhaps they just consider it a time for trebles all round!