In this paper we start with a tutorial on the principles of magnetic r
ecording. We outline the dramatic rate of areal density increase for t
he past thirty years as well as the principal technological changes be
hind such sustained progress. We then explore the general issues invol
ved in gigabit-density recording and the features that are common to b
oth IBM's and Hitachi's gigabit efforts. We then focus on the principa
l recording components, namely the recording head and the medium, and
discuss the challenges in designing, optimizing, and realizing them fo
r gigabit-density applications. This will be followed by a review of t
he performance of gigabit recording configurations from both IBM and H
itachi. We conclude with remarks on the performance limitations of the
se gigabit configurations and the prospects for further areal density
extensions in magnetic recording.