The flooding in Thailand has caused a major shortage in hard drives. Leading manufacturers like Western Digital, Hitachi, Seagate, and Toshiba are all facing direct production issues as a result of the disaster.
On Apple's earnings call this week, CEO Time Cook said that he's "virtually certain there will be an overall industry shortage of disk drives as a result of the disaster."
Hothardware.com also reports: "Given the uncertainty, we'd recommend anyone planning an HDD upgrade pick one up sooner rather than later, combined with China's rare earth supply cuts, the price of hard drives should jump significantly in the next three months."
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