In addition to the massive expected cash repatriation, Apple expects to make a $350bn contribution to the US economy over the next five years.
Over $10 billion of Apple’s expanded capital expenditures will be investments in data centers across the US. Over the last decade, Apple has invested billions of dollars in data centers and co-located facilities in seven US states, including North Carolina, Oregon, Nevada, Arizona and a recently announced project in Iowa. Today, Apple is breaking ground on a new facility in downtown Reno, which will support its existing Nevada facilities. All of Apple’s US facilities, including offices, retail stores and data centers, are powered by 100 percent renewable energy sources like solar, wind and micro-hydro power, which Apple generates or purchases from local projects. The new campus announced today will also be powered entirely by green energy.