The day has finally arrived, as we all knew it would, when the price of disk is $100 per Terabyte. See photo below:
I’m not advocating this G-Force drive as being the best value in disks right now, but it has the kudos of being the first to come in at under $100 per Terabyte.
Just for perspective, a friend remembers that in 1984 – a mere 25 years ago, when the Mac was first launched – disk came in at about $100 per megabyte. So if his memory is correct, what we are looking at here is an average price reduction of disk in the area of 40% per year over 25 years. If that rate of price reduction continues – and why shouldn’t it – then in 5 years the price per terabyte will be below $10. If you don’t need a whole lot of new disk store now, my advice is to wait
It always has been, it always is, and perhaps it always will be.
Next we wait for the price of a TB of SAN/NAS to drop to $100…
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[...] that they currently have 234 terabytes of data. At today’s storage technology prices of about $100 per terabyte, it would cost $24,000 just to store the file. Real-world use also requires backups, redundancy, [...]