The Price of Memory

It’s hard to contemplate the rate at which technology is evolving in modern times. Where your phone used to be the size of a brick and could just about make a call, today we carry what is essentially a mini computer in our pockets.

price-of-memory

In an issue of the Creative Computing magazine in 1981 they predicted “The cost of 128 kilobytes of memory will one day fall below $100” while they were completely correct I doubt even they could have predicted the rapid speed at which the price per byte has fallen to where it currently lies.

Well we thought we would look back over the past four decades and see exactly how far the price of both Hard drive and RAM space has decreased. Where getting your hand on a terabyte of memory would have once cost you the same amount as the Playboy mansion you can know buy one of the equivalent of a meal out.

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