The document discusses different magnetic storage devices, including fixed hard disks, portable hard disks, floppy disks, and magnetic tapes. Fixed hard disks are used to store operating systems and software and have capacities of around 250GB, while portable hard disks have similar capacities but are smaller and lighter to allow data transfer. Floppy disks have very low storage of 1.44MB and are rarely used today. Magnetic tapes provide extremely large storage of 185TB for data backups but are slow with dated technology.