Yes, because data densities, in terms of bits per square inch, has increased dramatically as storage technology has progressed.
I once opened an old CDC 'Wren' SCSI drive. 5.25" full-height form factor. It had at least ten platters in it, at least 20 heads to match (one on each side, each platter), and a max capacity of less than a gig.
Years later, I opened up a more modern 4 gig 3.5" form factor drive (a Seagate 'Hawk' if I recall correctly). It had four platters and eight heads, yet it had several times the capacity of the much older and larger Wren drive.
That's because you're not taking into consideration the improvements over the years in magnetic coatings, and the significant advances in disk head technology. Both factors have greatly increased available recording density within a given space.
None of us can force you to believe anything, nor do I think anyone would presume to try. I know what I've seen, I know what I've read, and I know it to be the truth. If you choose not to believe it, that's your privilege.
Keep the peace(es).