Amazon has announced that it is slashing the cost of S3 cloud storage service for all the user by at least 10%, effective from Feb 1st. Thank you amazon for reducing the price and now my Amazon monthly bills for hosting images of this blog are going to look 10% less fat. I like it.
In the past one year the number of objects stored in Amazon S3 cloud has increased from 262 billion objects to 762 billion objects. With the rapid increase of of customer base Amazon is able to innovate and reduce the operation costs for cloud storage and the resultant savings are passed to it’s customers. You can read the official blog post for more details.