A good news for iCloud users, Apple has doubled the storage on its most expensive iCloud Storage Plan. Previously, the storage of $9.99/month plan was 1 TB but Apple has increased the storage amount to 2 TB, retaining the same price of $9.99/month.
Another thing announced along with the increase in storage amount is that users will be able to share a single iCloud Storage Plan with multiple users with the new Family Sharing feature starting from iOS 11 and macOS High Sierra.
The other iCloud storage plans are unchanged. The standard free 5 GB of the iCloud accounts is unchanged along with the 50 GB plan which still costs 0.99$/month and the 200 GB which costs $2.99/month are unchanged.
Apple took this initiative to provide a sweeter deal to users who are paying more to Apple by doubling their storage but retaining the same price. You can easily upgrade to 2 TB anytime from iCloud Settings anytime.
Starting from the iOS 11 and macOS High Sierra, the family sharing of iCloud storage will be available and the 200 GB and 2 TB plans are shareable, 50 GB not included.
All the connected accounts will use the same storage plan but there will be a separate allocation for each user and files will not be accessible by any other user of the plan. All the users will use the storage plan but only one will have to pay for the plan.
This is a value plan as instead of buying separate plans, the single plan could be shared across all the members of the family. Also, the increase in the storage amount will definitely attract more users towards iCloud.