So immediately following the Asian floods that "caused" hard drive supply shortages, both firms profits spiked ?
If you have any evidence that this was a mere cover story, make it public or share it with the authorities. Because any such collusion to raise prices is illegal (and because our governments are running out of banks to hit with billion-dollar fines :-)
Simple economics tells you that such an event *should* raise profits. You make the same profit selling N drives at 6% margin as 2N drives at 3% margin. Ordinarily you are prevented from taking (say) 20% margin by a competitor who sees an opportunity to grab your share of the market and make only 15% ... and you retalliate, and margins fall back. If you have first-to-market advantage on a better product you sell it at a premium price for as long as you can. This is why the biggest drives cost more per TB than the smaller ones, even though the actual extra cost of making them is probably much less than in proportion to their capacity.
When there is a shortage of product compared to market demand, not only does price competition stop, but prices (hence margins) have to be raised to choke off demand. Price is a mechanism to make sure that the people who most need the drives get them, and the people who need them less, choose to wait a bit. The Soviets never did understand this. They thought that central planning would work better. It didn't. Politics aside [utopia to the nth power, that], no-one can solve a large travelling-salesman problem, which is what it would take to do central planning properly.