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Hard drive sales plummet

  • CRN magazine reports that sales of hard disk drives has plummeted 35%
  • Drop in sales observed in all segments
  • Seagate has 44% of all sales, while Toshiba has 19% marketshare
  • Main reason for decline is hard drives are being replaced by superior solid state memory chips (SSD) which have no moving parts, use less electricity, and are self-encrypting

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