The new contract is worth $1.5 billion.
in its recent IPO filing that it has committed to spending $300 million on AWS over the next three years.splitting $3 billion of cloud costsBut Apple and Amazon, of course, are competitors in multiple markets. That includes stream media , hardware , and apps, with Amazon offering an app store for Android. Amazon tried to compete in phones as well at one point.
In the tech industry many companies are frenemies and coopetitors: they collaborate in some things and compete in others. At Amazon's and Apple's size, they often can't help but do so. That competition hasn't always been friendly, with Amazon's iOS Kindle app not allowing on-platform purchases, and Apple suing Amazon over its"app store" name at one point.
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