Amazon offers unlimited cloud storage for almost nothing

Amazon.com Inc. launched two unlimited cloud storage plans at very low cost this week, launching the latest round in the cloud price wars.
Unlimited Photos Plans cost $.99 per month. The Unlimited Photos Plan is only for photos, but you get an additional 5GB for videos and other data. The Unlimited Everything Plan costs $4.99 per Month and does not have any file types or space caps.
Each plan comes with a three-month free trial.
“Most people have a lifetime worth of vacations, holidays, birthdays, and every day moments stored across multiple devices. In a press release, Josh Petersen, director at Amazon Cloud Drive, said that they don’t know how much storage they need. “Customers no longer need to worry about storage space. With the new plans, they now have an affordable and secure solution to store unlimited photos, videos, music, movies, and other files in one place.
Amazon Cloud Drive will keep the data for both plans. Amazon hopes that customers with Amazon Prime accounts or Amazon Fire devices (tablets or phones) will be tempted to upgrade the Unlimited Everything Plan.
The new plans are targeted at Amazon Web Services (AWS), competitors like Box, Google Inc. and Microsoft, which all offer similar plans for large, cheap storage. Google Drive offers up to 15GB storage free of charge, 100GB storage for $1.99 per monthly, and 1TB storage for $9.99 per per month. Amazon.com’s latest pricing has cut that plan half off, so it would not surprise if Google updates its plan with a more affordable offering in the near future.
Microsoft offers 15GB free space on OneDrive and $6.99 per Month for 1TB.

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