Home Cost of the Cloud: Apple Buys Out Retired Couple for $1.7 Million

Cost of the Cloud: Apple Buys Out Retired Couple for $1.7 Million

Apple is building a massive data center in North Carolina for its iTunes Cloud. But, recently they faced a problem. To really get onto the cloud, Apple needed more land.

In particular a one-acre parcel owned by Donnie and Kathy Full in the rural town of Maiden.

According to Bloomberg, Apple made an offer to the Fullbrights for the land they purchased once upon a time for $6,000. But Donnie and Kathie said no thanks. Apple made a second offer. They again politely declined.

Apple came back with a deal the Fullbrights could not refuse. They offered a blank check to the Fullbrights. They settled for $1.7 million.

The Fullbrights used the money to buy a 49-acre piece of property where they built a 4,200 square-foot home complete with a Jacuzzi in the master bedroom and a pond stocked with bass and catfish.

For its part, Apple is still spending a lot of money on that data center. The 500,000 square-foot building is expected to cost $1 billion by the time of its completion.

It’s clear that the stakes are high in the new world of cloud-based digital entertainment. It’s not hard to imagine that someday we won’t own our own music or films. We’ll buy it on-demand or pay a subscription for it.

That’s why Apple needs that data center. And why they were so willing to pay the Fullbrights the money they needed for that jacuzzi, right there in the master bedroom.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.