Serial storage interface apparatus for coupling a serial storage mechanism, such as a charge coupled storage device or a magnetic bubble storage device, to a data processor input/output (I/O) bus. Speed control circuitry is provided for causing the serial storage mechanism to operate at a higher speed when the data processor is responding more rapidly to data transfer requests from the interface apparatus and at a lower speed when the data processor is responding less rapidly to data transfer requests from the interface apparatus. This speed adjustment feature reduces the amount of data buffering required for interfacing a serial storage mechanism to an asynchronous variable response time I/O bus system.