Apple today updated its Xserve RAID storage system, a 3U high-availability, rack storage system to deliver 7 terabytes (TB) of storage capacity at a price of US$1.86 per GB. Apple also upgraded its Xserve 1U rack optimized server with up to three 500GB drives, achieving 1.5TB of storage. Prices for Xserve still start at $2,999 and prices for Xserve RAID at $5,999. “Apple has shipped an impressive 76 petabytes of Xserve RAID storage in the last two years,” said Philip Schiller, Apple’s senior vice president of Worldwide Product Marketing. “We are now offering our users more capacity at an even lower price per gigabyte.”