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