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Data Storage Hardware

Hard Drive Revenue About To Take a Double-Digit Dip 269

Posted by Soulskill
from the coming-down-with-a-case-of-the-cloud dept.
Lucas123 writes "Ultrathin notebooks, smart phones and SSDs are all putting pressure on the hard drive market, which is set to take an almost 12% revenue loss this year, according to a new report from IHS iSuppli. Hard drive market revenue is set to drop to about $32.7 billion this year, down 11.8% from $37.1 billion last year. At the same time, In what appears to be a grim scenario, the optical disk drive industry is expected to encounter continued challenges this year, and optical drives could eventually be abandoned by PC makers altogether."
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Hard Drive Revenue About To Take a Double-Digit Dip

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