Apple has revamped its price structure for its iCloud online data service, offering users price reductions and allowing them to purchase up to 1 TB of storage. It may not come close to Dropbox's current price drops, but Apple's at least being more competitive than it was before.

Under the new subscription system, Apple will offer 5 GB of storage for free and 20 GB of storage for just $0.99 a month. 200 GB will now cost $3.99 a month, 500 GB will cost $9.99 a month and 1 TB will be available for $19.99 a month.

This new system could make iCloud a more attractive cloud storage service, at least in terms of pricing, compared to other services like Microsoft's OneCloud, Google Drive, and Dropbox. Even if the price is higher, the convenience of having an all-in-one solution may appeal to some users.

What do you think of these new iCloud prices? Will you ditch your current service and go with iCloud? Why or why not?

Source: Apple