Google's Drive SLASH, and the secret 'big upgrade'
coming later this month...
Google has slashed its online Drive storage prices so fast, it undercuts all of its rivals – and its own products.
The dramatic price cut for Google Drive was announced on Thursday: storing 100GB of data in its systems per month has fallen from $4.99 to $1.99. Storing a terabyte now costs $9.99 a month versus $49.99 previously, and 10TB will set
you back $99.99 per month.
More intriguingly, the Drive price cut undercuts the $6.30 Google charges for storing 100GB in its mainstream infrastructure-as-a-service Google Cloud Storage.
It's rare for a company to undercut itself so dramatically, and there's a good indication Google is about to dramatically lower the price of its mainstream infrastructure pricing.
For one thing, the search supremo is due to hold a major cloud event in San Francisco on March 25 where it promises to announce "a number of new products and services."