Report: Apple Has Spent $750M on iDataCenter
October 14th, 2011 By: Rich Miller
When Apple announced its plans for a huge data center in North Carolina, the company said it intended to spend $1 billion on the facility in the next nine years. The timetable used a timetable included in a package of economic development incentives that helped sway Apple’s decision to build in Maiden, N.C. instead of a rival site in Virginia. But rather than spreading that spending over a full 10 years, it appears that Apple may have already spent a huge chunk of that total investment goal. A new analysis by 9to5mac suggests that Apple has already spent as much as $750 million on the iDataCenter. Read the full account at 9to5mac.