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April 22, 2019 02:41 pm

Apple Spends More Than $30 Million on Amazon's Cloud Every Month, Making It One of the Biggest AWS Customers

As Apple and Amazon compete for a greater share of consumer dollars and attention, they also have a particularly intimate business relationship: Apple is spending more than $30 million a month on Amazon's cloud, CNBC reported Monday, citing citing people familiar with the matter. From the report: Apple's cloud expenditure reflects the company's determination to deliver online services like iCloud quickly and reliably, even if it must depend on a rival to do so. [...] In a February job posting, Apple said it was looking for someone who could "lead and architect our growing AWS footprint." Indeed, that expenditure is on track to expand. At the end of March, Apple's spending was on track to average more than $30 million per month in the first quarter of 2019. That would be more than 10 percent higher than a year earlier, according to two people familiar with the spending. If Apple's AWS use stays at those levels for the rest of 2019, its annual spending would exceed $360 million. Apple spent approximately $350 million in 2018, one of these people said.

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