Tuesday , June 15 2021

how much Apple spends in the cloud Amazon – Finance of vc.ru

The company is one of the largest users of Amazon Web Services.

$ 30 million per month

spends Apple on Amazon's web services

In the first quarter of 2019, Apple's Amazon Web Services cloud storage costs (AWS) averaged more than $ 30 million a month. This is what CNBC wrote, citing sources.

If Apple continues to spend on AWS by the end of 2019, the annual cost of the company will exceed $ 360 million, and in 2018 Apple has spent about $ 350 million on that line.

According to CNBC, Apple has signed an agreement over the past few months, according to which it has to spend at least $ 1.5 billion on AWS for five years. This makes the company one of AWS's largest users. For comparison, the cost of the Lyft taxi service for AWS will be $ 300 million by the end of 2021, and Pinterest's social networking costs will be at least $ 750 million by mid-2023.

Apple declined to comment. Amazon did not respond to the request.

In 2018, Amazon's revenue from AWS is $ 25.66 billion, CNBC reports. This is almost 59% of the operating income of the company.

# news #amazon #apple

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