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June 06, 2005

External Storage Price Trends

From Paul Kedrosky:

Infectious Greed: Better to Be a Buyer than a Seller of External Storage: "Neat duelling stats in the booming external storage market (from IDC): Year-over-year revenue growth: 6.7% (to $3.8-billion). Year-over-year capacity growth: 58.6% (to 409 petabytes in Q1).

That's a 33% price decline in the price of storage in one year. In the race between processor power, bandwidth, and storage, storage is winning.

Posted by DeLong at June 6, 2005 09:23 PM