Amazon drops S3 prices
Amazon.com has announced that it is dropping prices for heavy users of its hosted storage service, S3. The baseline monthly fee of 15 cents per gigabyte of storage remains, but high-volume users will be able to take advantage of a tiered pricing model.
After 50 terabytes, the cost goes down to 14 cents a gigabyte; for more than 500TB, it’s at 12 cents. See the new pricing chart.
I asked an Amazon representative if the company is reducing prices just because it could, or if it was the company’s way of helping to bail out tech companies that are going to be finding it harder to fund ongoing operations.
Read more: news.cnet.com