Consider the buffer to be the messenger for outgoing information. When we’re retrieving information off our hard drives, the heads extract the information from the magnetic platter and then send it to the buffers to relay it to our computer screens. The buffers can’t readily be seen in a hard drive and are part of the controller and made of solid-state memory. Nevertheless, they don’t keep anything in memory if your computer gets accidentally turned off.
The reason buffers exist at all is that they have a symbiosis with the controller in the controller placing information ahead of time into the buffer for eventual use by you. Call it a short term and intelligent memory where information the computer thinks you’ll logically want will get to you faster thanks to it being stored in those buffers.
In that regard, all the internal parts of a hard drive ultimately add up to having a sliver of intelligence operating inside your computer. You can say that, even if flash drives are slowly superseding hard drives in storing all our media.
References:
http://www.research.ibm.com/research/gmr/basics.html
http://scoutingaround.com/technology/38-tech-from-the-past/91-how-a-hard-drive-works