Average hard drive size is now 590GB

The hard drive manufacturer Seagate has claimed that the average size of shipped hard drives to consumers rose from 425GB to 590GB which is a rise of 39% based on the same time last year. Seagate's CEO also stated that total demand for hard drive storage within the industry was a huge 330,000 PB (Petabytes) which amounts to a mind boggling 330,000,000 TB of storage or 3,300,000,000,000GB.

Seagate also claims to have shipped 52 million hard drive units in the past quarter with a combined total of 29,000PB while the yearly output has reached 199 million units so far. Seagate has reported a revenue of $2.9 billion for this quarter with a net income of $119 million. Western Digital exceeded Seagate's shipment figures by around 2 million units, and reported in a lower revenue of $2.4 billion but a higher net income of $193 billion.