Hard disk prices coming down?

2 TB Seagate / WD External easily available in Lamingtom Road, Mumbai for Rs. 6400/- with B & W. Just checked last week. Both are USB 3.0. Ive purchased a WD my passport for the same price.

General perception in the market here is that prices may not fall considerably till end 2012. Apart from inventory loss companies will take time to recover costs of replacing damadged manufacturing machienes / plants.

These high prices are nothing to do with Floods anymore but in general to do with Greed and more about no competitions. Both Seagate and WD bought Samsung and Toshiba part of HDD respectively. So from 4 HDD manufacturers it has come down to only 2. Both Seagate and WD have bought back around 2 Billions$ of their shares this year.
I guess rest of the maths you guyz can do....
 
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