You are here: Home » News-IANS » General
Business Standard

Apple spent over $30 mn on Amazon Cloud in Q1 2019

Topics
Technology Internet

IANS  |  San Francisco 

In its determination to expand its online services like iCloud, Apple spent over $30 million on Amazon's Cloud services in the first quarter (Q1) of 2019. The amount is 10 per cent higher than what it spent in Q1 2018.

Internationally, there are more than a billion recorded users of Apple devices every month. Given its considerable storage requirement, the company relies on major big cloud providers like Amazon Web Services (AWS) and Google, CNBC reported on Monday.

If Apple's AWS use stays at those levels for the rest of 2019, its annual spending would exceed $360 million, the report noted.

Earlier this year, Apple agreed to spend at least $1.5 billion on AWS over the next five years as part of an agreement. The iPhone-maker's AWS expenditure may only expand further, said the report.

In a February job posting, Apple said it was looking for someone who could "lead and architect our growing AWS footprint".

For some time now, Apple's top product -- the iPhone -- has been experiencing saturation status in the markets because of which the company has begun pointing more to online services as a key contributor.

Talking about the use of Cloud-based services in the past, the iPhone has specified that it uses AWS for iCloud storage. The company however, did not disclose whether any other Apple services depend on AWS or not.

To support its Cloud needs, the company is also investing heavily into building its own infrastructure.

In January 2018, Apple announced plans to spend $10 billion on data centres in the US within five years.

In December last year, the iPhone-maker said it would spend $4.5 billion of that amount through 2019, the report added.

--IANS

rp/rtp/bg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, April 23 2019. 14:28 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU