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Apple announces official iCloud price tiers ranging from free to $20 per month

Following a massive announcement regarding new iPhone and Apple Watch hardware, Apple on Tuesday updated its dedicated iCloud webpage to reflect finalized pricing on storage plans, which now go up to 1TB for a $20 monthly fee.

Apple first announced the new iCloud storage options which come in 5GB, 20GB, 200GB, 500GB and 1TB flavors, at this year's WWDC in June, but did not solidify pricing until today.

As posted to Apple's website, the new tiers come in at free for 5GB and monthly fees of 99 cents for 20GB of storage, $3.99 for 200B, $9.99 for 500GB and $19.99 for 1TB.

Apple's new plans compare to competitors like Dropbox, which recently dropped Pro-level pricing down to $99 a year for 1TB of cloud storage.