Cloud Business is the future
Google is entering the war about the cloud customers by dumping the prices. Google strong decline in prices is challenging Dropbox and Apple.
Dropbox, iCloud and Google Drive are three of the largest cloud storage services. iCloud may not have a clean user interface, but if you just use the Mac and iOS, it is still almost the same other, because you can easily store images, video and documents to the service.
All three services have a free part, but basically anyone who needs more than a few gigabytes of space need to pay for it, and Google is now challenge Apple and Dropbox significantly on that front.
Google has cut prices the costs of 100 gigabytes of space is $2 a month, and you only need to pay 10 dollars for a terabyte.
Dropbox takes $9.99 a month for 100 gigabytes and about $40 a month for 500 gigabytes, and its one different on $70 a month for one terabyte to Googles price.