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08:38 DRAM prices hit by Apple cutbacks - Inquirer.net

Inquirer.net reports that according to DRAMeXchange, DDR2 prices are continuing to slip even though DRAM makers can't ship enough as they change their production processes. However this shortage has been balanced by weaker demand as punters wait for the better technology. The industry has also been hit by Apple (AAPL) slashing the amount of DRAM it wants to buy, which many are seeing as a weakening of demand for its super soaraway iPod.

Theoretically the prices should be below the floor right now, but DRAMeXchange believes the worsening supply is propping up the prices and thinks that they should stay the same until November. According to DRAMeXchange's monthly report, after the holidays there was a sudden burst in demand which pushed the price up. But that has slowed again because buyers are now demanding lower prices. DRAMeXchange said that the overall price drop of DDR2 averaged at 1.5% last week with branded DDR2 667MHz falling to $6.40.