Report: Apple's monthly cloud storage bill with AWS exceeds $30M

Apple is spending more than $30 million a month for AWS' cloud services, according to CNBC. (Pixabay)

Despite competing against each other on the consumer front, Apple has an almost symbiotic relationship with Amazon.

According to a story today by, Amazon Web Services (AWS) is taking a large financial bite out of Apple every month for storage. Apple spent more than $30 million a month for storage on AWS' cloud in the first quarter of this year, which was a 10% increase from last year, according to CNBC's unnamed sources. If Apple stays the course for the rest of the year on its spending with AWS, Apple's annual spending could exceed $360 million. Last year, Apple paid approximately $350 million to AWS, according to CNBC's sources.

RELATED: Amazon Web Services tops banner year for cloud providers

Blitz Week

Register for FierceTelecom Blitz Week - June 15-18

As the telecom industry moves forward in the age of new technology, FierceTelecom Blitz week addresses the questions of how platforms, providers, and more will modernize to keep up with these fast-paced changes and their current status of implementing these changes. Join us June 15-18 to dive deep into the world of telecom transformation.

Over the past few months, Apple signed an agreement that included a commitment to spend at least $1.5 billion on AWS over the next five years, according to a CNBC source. In its most recent fiscal year, Apple had $30.94 billion in operating expenses.

With its customers using more than 1 billion devices each month, Apple has large computing and storage requirements as it works to add more online services, such as iCloud, Apple Pay and AppleCare, to its bottom line to offset market saturation of its iPhones. 

Apple announced in January that it plans to spend $10 billion on its own data centers in the U.S. over the next five years. In December, Apple announced it planned to spend $4.5 billion of that amount through this year, according to CNBC.

While CNBC had the dirt on how much Apple is paying AWS, Apple also relies on Google as another of its cloud providers. Apple has also used Microsoft's cloud tools in the past, according to CNBC, and it has deals in place with smaller third-party cloud providers.

Suggested Articles

Cisco announced Thursday afternoon that it was buying network-monitoring company ThousandEyes.

AT&T Business announced on Thursday that it's offering a new broadband service for residence locations that features symmetrical speeds of 1-Gig.

It's a long way, literally and figuratively, from Leadville, Colorado to London, but Colt's new CEO, Keri Gilder, has made the transition with aplomb.