Does Moore’s Law apply to memory cards?

Samsung announced it has created an 8GB microSD card. It has doubled the known max microSD card announced by SanDisk last February, which in turn was an upgrade to the 2GB microSD (released August 2006).

Wow. Fifteen years ago, 3.5 inch, 1.44MB floppy disks were state of the art. Now, 15 mm × 11 mm × 0.7 mm cards rule. No wonder floppy disks are dead. I am really that old. And don’t even get me started on monochrome green monitors!