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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.
You can get a DellÂ® PC at about $400 and it comes with a terabyte disk drive. WOW! I found one PC for $319 per TB! Teradata, Oracle, IBM, and all the other vendors are headed for the scrap heap of history with those kinds of prices.