Sunday, May 26, 2019
Home Business how much Apple spends on the cloud Amazon - Finance on vc.ru

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

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

$ 30 million per month

spends Apple on 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.

# news #amazon #apple

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Must Read

Renault and Fiat Chrysler discuss a merger that would create the world's leading car

New major recomposition of the European and world automotive landscape in...

The European elections, live: the CDU of Angela Merkel will win in Germany, according to the first forecasts

The European Union celebrates on Sunday a great election day, with elections in most of the continent. Passes like United Kingdom or Holland already...

The White House insists that North Korean missile tests do not bother Trump

White House spokeswoman Sarah Sanders insisted Sunday that missile tests by North Korea "do not bother" US President Donald Trump. "Look, the president's focus...

Iberdrola exports its hydroelectric baggage to the rest of the world

Of all the sources of electricity generation available, the waterfalls were the embryo of Iberdrola's business at the start of its generation activity in...