Home / / SSD prices in freefall

SSD prices in freefall

Prices for SSD storage has been steadily declining over the past year, with certain brands dropping their prices by almost half

SSD prices in freefall
SSD prices have been on a steady decline and are now becoming more affordable for the masses.

In the past, many buyers have been averse to splurging on SSD drives due to the cost of purchase. There are a select few that have recognised the potential performance gains and taken the dive, however reports by Camelegg, a company that tracks prices at Newegg.com indicate that a change may be on the horizon.

There has been a steady decline in the price of SSD storage, and when compared to the rising cost of hard drives due to the flooding in Thailand, the difference in price between the two formats is reducing.

Examples of this decline are the Intel 510 series SSDs that cost $600 in March 2011 and today are below $500.  Enthusiasts would be pleased to hear that the Corsair Force Series GT 240GB that retailed for $500 in July last year, is now available for less than $350. Other brands like OCZ and its 240GB Vertex 3 line have seen a decrease from $500 in April 2011 to a little over $200 as of June this year.

With prices becoming more affordable for the masses, there couldn't be a better time to switch to SSDs.

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.