Apple Stock News: Investing in Renewable Energy

Apple Stock News

For the latest Apple Stock News, AAPL closed at $143.64 on Tuesday, April 25, 2017. It had a gain of 0.96% from its previous close of $142.27 per share.

Apple Stock News

Previously, I Know First wrote an article explaining Apple’s ambitious plan to one day have all of its manufactured products made of recycled materials.  In another move to make Apple become more environmentally friendly, Apple is making a significant investment in the state of Oregon to build a solar farm and wind farm to power its Data Centers in Bend.  The power generated from these renewable energy infrastructures will be enough to power approximately 65,000 homes.

Apple is ambitious to one day have all its buildings powered by renewable energy.  Some companies have delayed their decision to have their buildings powered by renewable energy due to cost.  Perhaps, this is a price Apple is willing to pay for favorable PR.  As people become more environmentally conscious of how we consume natural resources, this direction will benefit Apple and the state’s surrounding community in the long-term.

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