[ad_1]
Everyone would envy a land deal: swap your homestead for an acre in North Carolina for $ 1.7 million. That's the price that Apple would have paid to transfer Donnie and Kathy Fulbright to the $ 1 billion Cupertino, California, data center. The real estate transaction looked like a proverbial blank check. "They told us to put a price on it and we did it," said Kathy Fulbright.
To put the numbers into perspective, the Fulbright paid only $ 6,000 for an acre 30 years ago and Apple probably paid only $ 35,000 per acre for the other land needed at the center. data. Apple announces its intention to use the center by the end of the year. However, since Apple's Impire is stretching its current resources, this arrangement may have bought more peace of mind.
"Apple's growth has been pretty dramatic and their capacity has probably been exceeded," according to Gartner. Between iTunes and a potential video store, "you're talking about huge amounts of data and millions of people trying to access it simultaneously."
In order to land Apple, local authorities in North Carolina have offered many tax breaks. Along with an 85% reduction in individual property taxes, Apple has also received a 50% reduction in property taxes. For this, Apple should create 50 direct jobs, 250 auxiliary jobs and 3000 other positions. Managers at Catawba, North Carolina, also asked the Cupertino, Calif.-based company to locate the data center in a "region in economic crisis" with 12.3% unemployment, compared to 9.7% for the state as a whole.
In September, Apple released its quarterly financial report to test the ability of this site to use a future version of iTunes for iOS.
[via Bloomberg, AppleInsider]
[ad_2]
Source link
