Apple to Spend $300 Million on Google Cloud Storage This Year [Report]
Posted June 29, 2021 at 4:06pm by iClarified
Apple is on track to spend $300 million on Google cloud storage this year, an increase of 50% over last year, according to a new report from The Information.
The increase cements Apple’s status as the largest corporate client for Google’s storage service, dwarfing other high-profile Google customers such as ByteDance and Spotify. As of mid-May, Apple was on track to spend around $300 million on Google cloud storage this year, which would represent an increase of roughly 50% from all of 2020, the person said. Inside Google’s cloud unit, the person said, staffers have even given Apple a code name that hints at its size: Bigfoot.
The sharp increase in third party cloud storage suggests Apple data centers have been unable to keep up with demand. Notably, the company just revived plans to build a new data center in Athenry, Ireland despite years of approval delays.
Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for updates.
Read More
The increase cements Apple’s status as the largest corporate client for Google’s storage service, dwarfing other high-profile Google customers such as ByteDance and Spotify. As of mid-May, Apple was on track to spend around $300 million on Google cloud storage this year, which would represent an increase of roughly 50% from all of 2020, the person said. Inside Google’s cloud unit, the person said, staffers have even given Apple a code name that hints at its size: Bigfoot.
The sharp increase in third party cloud storage suggests Apple data centers have been unable to keep up with demand. Notably, the company just revived plans to build a new data center in Athenry, Ireland despite years of approval delays.
Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for updates.
Read More