Google Drive launched; Dropbox hurting?

So the (very) long awaited Google Drive has been launched and a few interesting things have come out of it.

Dropbox pricing hugely undercut

Well Google have flexed their muscles here and have hammered Dropbox on cloud storage pricing. Please note I’m rounding up from the stupid 99c pricing..

Storage Dropbox Price Google Drive Price
25GB $2.50 per month
50GB $10 per month
100GB $20 per month $5 per month
200GB $10 per month
400GB $20 per month

So, as you can see Google Drive is undercutting Dropbox by 1/4 of the price.

Google Drive pricing has gone up

Whilst their pricing is much cheaper than Dropbox, it’s actually quite a big raise in price. I’m currently grandfathered on a plan that gave me 80GB for $20 a year. The nearest plan to that now is 100GB for $5 a month, so that’s $60 a year.

Now I feel stupid for not having predicted this and upgraded my storage plan before the announcement.. just check the comparison:

I’d have quite happily paid $100 a year for 400GB! Now I’m not so sure – it’d cost me $240 a year instead.

Anyway, more to come on this announcement soon – including how to create symbolic links to work within the Google Drive fixed folder structure.

Below is the announcement video for your viewing pleasure, and you can read more on the Official Google Blog.