We've heard before that Apple plans to build a data center on land it previously purchased in Oregon, but now the Associated Press reports on part of the cost. The company has reportedly agreed to pay US$150,000 per year to local governments, and has signed off on at least 35 jobs. Those jobs will be paid at a rate that's at least 150% of the average wage in the Oregon county. Finally, according to the AP, Apple will have to invest at least $250 million into the data center building itself. In return for all of that, Apple will be exempt on property tax payments for the next 15 years. Whether that will be worth it or not depends on exactly how much they build there, but odds are Apple's accountants aren't that worried. The company already paid $5.6 million for the land earlier this year, and it's setting up plans to both build up the infrastructure of the local power company to keep the data center running, as well as a green energy site there on the spot. Oregon is apparently a popular place for data centers like this. Google, Amazon, and Facebook all have similar sites in the surrounding area. [via MacRumors]Apple makes a tax deal for Prineville, Oregon data center land originally appeared on TUAW - The Unofficial Apple Weblog on Mon, 23 Apr 2012 11:45:00 EST. Please see our terms for use of feeds.Source | Permalink | Email this | Comments read more..
Tuesday, 24 April 2012
Local Power Company-Oregon County-Data Center-Tax Deal
Saturday, 21 April 2012
Earnings Release Conference-Unofficial Apple Weblog
What is arguably the most anticipated earnings call on Wall Street every quarter will take place next Tuesday, April 24th at 2pm PT/5pm ET. That's when Apple will release its earnings report for the second quarter, which ended March 31st. There's lots of speculation about whether Apple will hit consensus estimates for their Mac products -- notably iMacs and MacBook Pros, which have not seen major updates in almost a year. However it's generally assumed that the launch of the new iPad in this quarter will help Apple offset any missed Mac numbers. In the run up to the earnings call this week, Apple's stock has swung wildly, having its largest ever point drop on Monday, followed by its largest ever point gain on Tuesday, before falling over 3% again on Wednesday. AAPL shares are up 45% YTD. TUAW will have complete coverage of next Tuesday's financial results.Apple will webcast Q212 earnings release conference call on April 24 originally appeared on TUAW - The Unofficial Apple Weblog on Fri, 20 Apr 2012 10:40:00 EST. Please see our terms for use of feeds.Source | Permalink | Email this | Comments read more..