I was rummaging though some old technology at home the other day and ran across the item pictured here. This is a Sony 16 MB memory stick that I must have purchased, but never used, quite some time ago. The price tag on it is accurate. $49.99 for a 16 MB stick.
I had my son, Matt, do some quick calculations for me to compare prices of old and prices of new. Take a look to see what he has found.
If flash memory pricing of today had the same pricing as the old, you would be shelling out quite a bit more for your portable memory.
MB = Megabyte, GB = Gigabyte, TB = Terabyte
1 GB = 1024 MB
1 TB = 1024 GB = 1,049,000 MB
The cost per MB is calculated by dividing the cost by the size of the stick.
$49.99 / 16 MB = $3.12 / MB
Remember, 1 GB = 1024 MB
Then, a 1 GB flash drive today would cost a whopping $3,195 (1024 x $3.12).
That handy 4 GB flash drive that you received as a gift at your last tech event would cost $12,780.
The nice 32 GB flash drive available at Costco for $25 would cost you a mind boggling $102,236.
The relatively small, in today's terms, 1 TB external hard drive at Best Buy for $100 would set you back $3,272,880.
Well, I am willing to part with this gem. I'll take cash.
Don't forget to claim your free flash drive on your taxes.