Ever since the last big independent manufacturer was bought 2-3 years ago, there has been an oligopoly. The prices are too high, much higher than earlier. Earlier prices went down very fast, but now the prices have not yet recovered from the flooding in Thailand, the prices are actually higher than before the flooding. Some years later.
So I think it is good that sales are diving. Then maybe the oligopoly will understand that they should lower the prices so we can start buying disks again. I planned to buy 3TB disks years ago, but prices skyrocketed and are still not low. When prices lowers back to where we were before the flooding, people will start buying disks again. I will. Not until then.