Apple and Amazon compete in a lot of ways — but Apple is also reportedly spending in excess of $350 million on Amazon's cloud.
The deal reflects the iPhone maker's increased reliance on Amazon's cloud: Per the report, Apple spent an average of over $30 million on AWS every month during the first quarter of this year — a gain of more than 10% from the same period in 2018, the report says.
As the report notes, Apple has said in the past that it uses Amazon Web Services for iCloud storage, though it hasn't given more specifics or said if it uses the platform for any other purpose. It's been previously reported as well thatHowever, Apple is hard at work building its own cloud infrastructure,
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