What Apple Just Did in Solar Is a Really Big Deal – Bloomberg Business

What Apple Just Did in Solar Is a Really Big Deal – Bloomberg Business.

It was a year ago this week that Apple Chief Executive Officer Tim Cook responded to a climate-change heckler at the company’s annual shareholder meeting with an impassioned rebuttal in which he famously told investors who care only about profits to “get out of the stock.”

Now Cook is putting his prodigious sums of money where his mouth is, proclaiming the “biggest, boldest and most ambitious project ever,” an $850 million agreement to buy solar power from First Solar, the biggest U.S. developer of solar farms. The deal will supply enough electricity to power all of Apple’s California stores, offices, headquarters and a data center, Cook said Tuesday at the Goldman Sachs technology conference in San Francisco.

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