Apple Solar Panels: Many people look at tech companies and see one thing: cool devices, plenty of fans, and the ability to generate lots of revenue. While this is true in most cases, it is important to note that the same companies, such as Apple Inc. (NASDAQ:AAPL), have a strong interest in saving the environment.
Apple Inc. (NASDAQ:AAPL) is actually the smart money’s second favorite publicly traded company but hedge funds have started dumping Apple Inc. (NASDAQ:AAPL) in favor of a surprising financial stock (see which stock hedge funds are buying like crazy).
Bloomberg recently took a closer look at this phenomenon, focusing on Apple Inc. (NASDAQ:AAPL) and what the company is hoping to develop in the near future.
Here is a brief excerpt from the piece, showing just how serious the Cupertino-based company is about this:
“Apple wants to install enough solar panels and fuel cells to make its new Norman Foster-designed headquarters in Cupertino entirely energy-independent.”
Imagine that. An entire headquarters, which is much bigger than your average office building, entirely energy-independent. While it is safe to say that this would take a lot of money, as you know by now, cash is something that Apple has plenty of.
Along with the more obvious ways of going green, such as through the use of solar panels, the company is focused on other methods that may be become more popular as the years go by. The same article added:
“Outdoor parking lots, which environmentalists deride as “heat islands,” have been largely banished from all three campuses. At Apple’s new headquarters, which will go up on a site that formerly housed Hewlett-Packard’s computer division, early birds will be able to grab one of 2,300 spots under the 2.8 million-square-foot building. An additional 5,800 spaces will be at a parking structure at the southern edge of the property, about a quarter of a mile away.”
How cool is that? Apple Inc. (NASDAQ:AAPL) is known for thinking outside the box, and this is just another way in which the company is doing so.
What do you think about all this? Share your thoughts in the comment section below.
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DISCLOSURE: I have no positions in any stock mentioned.
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