updated 07:25 pm EDT, Tue July 20, 2010
Operation to begin immediately after completion
Apple expects its North Carolina data center to be completed by the end of the year, according to comments made by executives during the company's Q3 financial conference call. CFO Peter Oppenheimer suggests the project is "on schedule" and the complex will be fully operational as soon as construction is complete.
The company has yet to disclose specific details regarding new endeavors that may be driven by the massive data center, which is estimated to cost the company approximately $1 billion. The project has been associated with rumors of a cloud-based iTunes alternative. Separate reports suggest that Apple TV may also transition to a cloud-based service.
The 500,000-square-foot facility is said to be one of the largest data centers in the world, significantly larger than Apple's Newark, California center that is just over 100,000 square feet.