It's probably due to the other things in the bundle. icloud+ (so just the storage) seems to have kept the same prices since 2018, and the 50GB and 200GB tier ha

It's probably due to the other things in the bundle. icloud+ (so just the storage) seems to have kept the same prices since 2018, and the 50GB and 200GB tier haven't changed price since 2016. Both the change in 2016 and 2018 were price drops. I don't know why the price never dropped after 2018, but at least the highest icloud+ tier it's in line with what other providers charge for cloud storage. It just doesn't get that much cheaper than $5/TB.