Sony has announced that the company will cease production of the floppy disk starting in March 2011. The demand for floppy disks has decreased to the point that it is not economically feasible to continue to produce the old floppy technology. In addition, the floppy disk, with its limited data storage ability, has been replaced by the CD, DVD, USB, and other storage devices during the past decade or so. A recent article also states:
Perhaps not as iconic as the telegram, the 3.5-inch floppy was a ubiquitous and necessary component for storing and transferring files between personal computers for nearly three decades. Sony pioneered the 3.5-inch floppy disk in 1981, eventually replacing the 5.25-inch floppy disk that had previously been the popular storage format.
Personally I was surprised that Sony was even still producing the floppy disk. Are you going to miss the floppy disk? I won’t.