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Over the last 30 years, space per unit cost has doubled roughly every 14 months (increasing by an order of magnitude every 48 months). The regression equation is given by: Several terabyte+ drives have recently broken the $0.10/gigabyte barrier, making the next milestone $0.01/gigabyte, or $10/terabyte.
The terabyte is a multiple of the unit byte for digital information. The prefix tera represents the fourth power of 1000, and means 1012 in the International System of Units (SI), and therefore one terabyte is one trillion (short scale) bytes. The unit symbol for the terabyte is TB.