Jonathan Heiliger, vice president of technical operations at Facebook said:
"...through that process we were able to lock in prices today and carry those prices forward as all the commodity components costs drop."
Is it just me? Don't you want the new future pricing as commodity component costs drop? Why lock in and carry forward today's prices concerning technology?
I can only assume he's got a fixed price on whatever the vendor's equivalent machine is at any point in the future. So in a year's time he'd be getting more power, but he would still be paying x dollars for y U in a rack.
Jonathan Heiliger, vice president of technical operations at Facebook said:
"...through that process we were able to lock in prices today and carry those prices forward as all the commodity components costs drop."
Is it just me? Don't you want the new future pricing as commodity component costs drop? Why lock in and carry forward today's prices concerning technology?
Please help me with this one.