InformationWeek: On Tuesday, Amazon Web Services announced that it would lower prices for customers of its S3 cloud computing storage service. The price for the first terabyte of storage will drop by 11 percent; prices for 50TB and 100TB will fall 12 percent and 13.5 percent, respectively. As a result, S3 storage prices will now range between $0.09 and $0.14 per GB per month.
"With this price change, all Amazon S3 standard storage customers will see a significant reduction in their storage costs," wrote Amazon Web Services' Jeff Barr. "We continue to innovate on your behalf to drive down storage costs and pass along the resultant savings to you at every possible opportunity."