Magnetic hard drives are 100X cheaper per GB than when S3 launched, and are about 3X cheaper than in 2016 when the price last dropped. Magnetic prices have actually ticked up recently due to supply chain issues, but HAMR is expected to cause a significant drop (50-75%/GB) in magnetic storage prices as it rolls out in next few years. SSDs are ~$120/T and magnetic drives are ~$18/T. This hasn't changed much in the last 2 years.
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