Apple needs and acre of land, farmers need $1.7 million for it

When Apple needed land for their $1 billion dollar data center the farmers who owned it decided they needed $1.7 million to sell. Not bad considering they bought it for $6,000 just 34 years ago.

“They told us to put a price on it and we did,” said Kathy Fulbright, 62, seated on a brown leather sofa in the living room of the home she and her husband built with the proceeds. The 49-acre property boasts a 4,200-square-foot house with a Jacuzzi in the master bathroom, as well as a manmade pond stocked with bass and catfish.

Other farmers in the area are apparently sizing up supercars should Google or Microsoft decide they simply must move into the neighborhood as well.

Apple meanwhile aims to finish the data center, dubbed "Project Dolphin" this year and we aim to keep speculating on just what they may use it for. iTunes.com streaming media to iPhone and iPad tops the list, followed by amped up MobileMe services, remote backups, and everything else that comes with massive investment in cloud infrastructure.

Now excuse us as we try to lock up all the rest of that land, Scooby Doo villain-like, and wait for our Apple-bucks payoff...!

[Bloomberg]

Rene Ritchie
Contributor

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.