Memory Cost
Caleb Waldemar
10/20/2014
Over the past 30 years the cost of Electronics has steadily decreased. The cost of electronic storage has decreased greatly over the past 30 years as well. In this paper I will be talking about the decrease in the cost of RAM and Hard Drive Storage, how much will a 100TB HDD will cost when it becomes widely available in the future, and how much memory I will be able to buy with $100 in 10 years. In 1956, IBM created the first commercial Hard Drive called the IBM 305 RAMAC which held 5MB and cost a whopping 50 thousand dollars! Electronic storage started being more widespread during the early 1980’s, but it wasn’t until the 1990s that RAM and Hard Drive Storage begin to be cheap enough for the average person. Back in 1981 the price for one MB of Hard Drive storage space was $340! Most people couldn’t afford a computer back in the 1980’s because of the huge cost. Through the 1980’s the cost per MB fell from around $340 during 1981 then to $40 per MB in 1988, and finally to $9 per MB in 1990. The cost of one Bit of ram in 1981 was 0.000425 cents, in 1988 it was 0.000005 cents, in 1995 it was 0.000000158 cents, in 2000 the cost per Bit …show more content…
According to Chris Mellor in his article (http://www.theregister.co.uk/2013/11/01/hp_memristor_2018/) technology giant HP announced that 100TB hard drives could be available as early as 2018. I firmly believe that in 4 years by 2018 there will be 100TB drives for sale to the public but they will probably be very expensive till they go into mass