Hard drive prices drop from PC, flash drive demand

Lucas123 writes: "The average price of notebook hard drives tumbled to $53 in the third quarter of 2007, from $86 in the same period during the previous year, according to a survey by a market research firm. The price drop can be accredited to competition among six vendors, enormous demand for PCs and consumer electronics as well as evolving flash memory drives. "Lower-capacity notebook drives showed smaller price drops, while newer high-capacity drives saw massive price drops.""