Apple, the move to renewable energy, and why it matters
Apple generally makes good decisions. Its decision to pivot to services and subscriptions means that around 40% of its gross revenues after costs in the last quarter were generated by those two buckets of revenue. But that’s not the only smart decision the company has made of late; the decision to migrate its entire business to renewable energy is equally far sighted.
Here's why that matters.
Services = Servers + electricity
Apple’s services live in the cloud. And because they're cloud based, they use energy — lots of it. Now, I’ve glanced though the company’s environmental reports and I’m not 100% clear just how much energy those services use. But it’s not inconsequential.