The company is one of the largest users of Amazon Web Services.
In the first quarter of 2019, Apple’s spending on Amazon Web Services (AWS) cloud storage services averaged over $ 30 million per month. This writes CNBC, citing sources.
If Apple keeps spending on AWS by the end of 2019, the company's annual expenses will exceed $ 360 million. In 2018, Apple spent about $ 350 million on this line, one of the publication’s sources said.
According to CNBC, in the past few months, Apple has signed an agreement under which it must spend at least $ 1.5 billion on AWS for five years. This makes the company one of the largest AWS users. For comparison, the cost of ordering a Lyft taxi service on AWS will be $ 300 million by the end of 2021, and the Pinterest social network spending will be at least $ 750 million by the middle of 2023.
Apple declined to comment. Amazon did not respond to the request.
In 2018, Amazon's revenue from AWS was $ 25.66 billion, indicates CNBC. This is almost 59% of the company's operating income.
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