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Apple (AAPL) plans to invest $1B over the next 10 years in the Reno, NV area on a project...

Apple (AAPL) plans to invest $1B over the next 10 years in the Reno, NV area on a project revolving around a new data center, the Reno Gazette reports. News of the project, which will receive generous tax breaks, arrives a year after Apple finished building a North Carolina data center to support its iCloud launch, and months after the company broke ground on an Oregon data center. Apple has forecast its capex will increase 73% in FY12 to $8B. (data center boom)
Comments (14)
  • User66224
    , contributor
    Comments (192) | Send Message
     
    News that Apple is increasing its data capacity is good and the redundancy in disparate geographic locations is good.
    26 Jun 2012, 07:27 PM Reply Like
  • montanamark
    , contributor
    Comments (1434) | Send Message
     
    apparently Apple's new policy is: expand everywhere except california.
    thot i read they are building near Austin as well
    26 Jun 2012, 07:58 PM Reply Like
  • johnofarizonaoregon
    , contributor
    Comments (226) | Send Message
     
    California's taxes are insanely excessive. Apple is just one of many who are doing what they can to avoid the excessive taxes there. The movie industry is finding ways to avoid California taxes also, such as by doing the actual filming in another country. The other country, such as New Zealand, isn't chosen for its beautiful scenery ... all the filming is done indoors or in an enclosed outdoor area ... the country is chosen for the sake of avoiding the huge tax drain which would otherwise be imposed by California.
    26 Jun 2012, 11:06 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2878) | Send Message
     
    You are just pathetic.

     

    Don't you know that Apple is building its gigantic spaceship HQ in Cupertino?

     

    Even Nokia is shutting down its European operations and opening a shiny new R&D facility in downtown Sunnyvale.
    27 Jun 2012, 02:03 AM Reply Like
  • Rbongni
    , contributor
    Comments (33) | Send Message
     
    California is not a great place for data centers because of natural disasters (read: earthquakes). Do you really want a good portion of Apple's cloud capacity to go out for god knows how long when the next "big" one hits?
    27 Jun 2012, 01:05 PM Reply Like
  • johnofarizonaoregon
    , contributor
    Comments (226) | Send Message
     
    Your comment on my comment is puzzling. Your bio "photo" shows you as Scrooge Duck, but you are no scrooge with your irrational vitriol.
    28 Jun 2012, 10:30 AM Reply Like
  • earlalbin
    , contributor
    Comments (97) | Send Message
     
    Apple already built and opened a data center in Newark/Albre. It;s small compared to the one in NC since the one in NC is the largest of ant data centers of any company in the US. Not that it matters because data centers can be clustered. California is just too expensive in many ways so you can't blame them for getting the best ROI since it's what they are obligated to do.
    26 Jun 2012, 11:25 PM Reply Like
  • entmd
    , contributor
    Comments (941) | Send Message
     
    They are going to build the new spaceship building in Cali.
    26 Jun 2012, 11:25 PM Reply Like
  • rashton32
    , contributor
    Comments (18) | Send Message
     
    This IS the future and Apple is one of the few companies who have both the resources and knowledgeable workforce to do it!! Whoaa, my brothers!
    26 Jun 2012, 11:27 PM Reply Like
  • delvecca
    , contributor
    Comment (1) | Send Message
     
    That is great news for Reno! The area has been hit especially hard by the economic dowturn, so this influx of money and jobs will be great for the city and the state.
    26 Jun 2012, 11:29 PM Reply Like
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    (AAPL) is diversifying wisely to other states CA
    state corporate tax IS draconian and going higher
    NC(Cloud) Austin Oregon MORE US JOBS YEA!
    Now if the FEDS would decrease corporate tax to
    under 15%(below Ireland) they would being more jobs
    back from overseas.
    27 Jun 2012, 06:05 AM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    aapl emplys 500,000 in the USA alone ....as delvecca said above Reno is depressed and property off over 40% of value...
    27 Jun 2012, 11:59 AM Reply Like
  • TwistTie
    , contributor
    Comments (2477) | Send Message
     
    California is our tallest state, and as such, has the right to have higher taxes.
    27 Jun 2012, 11:48 AM Reply Like
  • johnofarizonaoregon
    , contributor
    Comments (226) | Send Message
     
    California is on the leftmost coast and it has left all other states behind in its degree of insane ardor for taxation.
    28 Jun 2012, 10:33 AM Reply Like
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