Dear BO,
You Said:
"There's no evidence that the removable storage market will ever grow as large as the floppy disk did in its heyday"
I disagree. Back in 1986 (ish) when the 1.44 Floppy drive appeared on the market, the demand was low offering only twice the capacity of previous 720k floppies. Remeber, this is a time when Multimedia was just a dream and files were much smaller. Today, you can barely fit 1 24-32 Bit Image on a single 1.44 floppy in a resolution geater than 640x480.
The ZIP Drive multiplies this previous capacity limitation by 70 times and is much faster than the floppy. How long did it take for the 1.44 floppy to become a "Standard". Well, my estimation is about 5 years or so before it appeared in 60% of the PC's in use. The Zip Drive has only been available for about 2-3 years, the Jaz for about 1.5. I belive this transition to Zips has already begun and will continue for the forseeable future.
Yes, there are other competing technologies DVD, Tape, etc. However, if my memory serves me correctly, there also existed a 2.88 MB Floppy drive several years go. Did this catch on? No, that is because it only provided minimal increase in removable storage capacity and the consumers were not willing to spend the money for such a small increase in storage. It is quite a different shift from 1.44MB to 100MB and the consumers seem to have noticed this.
"For most people, the only use for a floppy drive is as an emergency boot mechanism if the hard drive fails, as well as to read old floppy disks that are still around."
I guess you don't have too many friends or need to take files from work home with you. These are two of the "Other" reasons why people consider buying a Zip or Jaz drive. To easily port data from one machine to another.
With the recent (over the past 2 years) explosion of the Internet, consumers have also realized that they collect alot of "Stuff" downloaded from the net. Most don't have hard drives to accomodate all that stuff and they look to external read/writable devices. Well, for $149 bucks they have a nice solution to their storage needs. This is in the price range of most consumers who use their PC for getting on the net.
"The zip is *only* useful for transferring files where there is no network and backing up small data sets."
I completely disagree here. As a software developer, I use the Zip for backing up all the project /source code I create. At present, I can still fit all of them on a single Zip (Ok, so most of my apps are under 500K). I do have a Network in my home/office and the Zip is a Shared Peer device on my network. Therefore, any machine I am working on has easy access to the Zip (and a Jaz). It works quite nicely for archiving, transporting and executing.
"Thus, the shorts know that Iomega has a limited upside potential. And DVD is getting closer every day."
With each passing day, another 10,000 Zip Drives are sold. Not including all the Disks! How long will it take for DVD to move into the mainstream? How long will it have been that Zip and Jaz have already serviced this demand. Rember the 2.88 MB Floppy, it allowed more storage, but the 1.44 was the "Standard". The past is repeating itself. Has the LS120(2.88MB metaphore) caught on? How about the SyJet, EZ? I don't know, I'm asking...
Jon jwagner@ro.com |