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April 5, 2005

Hitachi to crank out affordable 1 TB drives by 2007

default — by TDavid @ 9:18 pm PST

I actually used the word “available” not affordable, in my first of 34 predictions for 2005. I predicted we’d see 1 TB drives available by the start of 2006 for under $500. Looks like I might be a little early for these affordable 1 TB drives by the end of 2005, but it’s certainly coming: PCWorld:

Good news for users is that the new drives shouldn’t be substantially different from current drives in terms of mechanical performance or price.

I saw 1 TB and up hard drives at CES 2005 but the price of admission was well over $1,000. I just did some Googling and found Circuit City selling this 1TB drive for $999 ($899 after $100 mail-in rebate). Eight more months of 2005. That’s an eternity in the technology sector. We’ll see.

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