1GB Memory Card Will Cost Less Than $8 by 2008

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The price of memory cards that we use for our gadgets such as digital camera, MP3 music player and cellular phone has dropped by 42.7%.

According to CNet.com, the price for 1MB memory card was about USD $3.5 in 1998, but right now, the price of 1MB memory card is USD 0.03.

Hence, CNet.com projects that the price of 1GB memory card will cost only a couple of dollars in 2008 and it is going to be hard to find 1GB memory cards by that time. By 2008, 12 GB or 20 GM memory cards will be the best selling items.

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