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Seagate Announces First SSD, 2TB HDD 229

Lucas123 writes "Seagate CEO Bill Watkins said today that the company plans to put out its first solid state disk drive next year as well as a 2TB version of its Barracuda hard disk drive. Watkins also alluded to Seagate's inevitable move from spinning disk to solid state drives, but emphasized it will be years away, saying the storage market is driven by cost-per-gigabyte and though SSDs provide benefits such as power savings, they won't be in laptops in the next few years. A 128GB SSD costs $460, or $3.58 per gigabyte, compared to $60 for a 160GB hard drive, according to Krishna Chander, an analyst at iSuppli. 'It will take three to four years for SSDs to come to parity with hard drives,' on price and reliability."

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