The depreciation on the equipment used to make NAND would not come close to supporting the prices you describe. In a market with a small number of players, publ

The depreciation on the equipment used to make NAND would not come close to supporting the prices you describe. In a market with a small number of players, public disclosures of capacity adjustments are sufficient to "collude". But 10 TB for $100 would require a something like a 10x reduction in pricing. None of the memory manufacturers have margins close to that good.