callmeacabernet

This is Apple trying to make up for ineffective and incompetent state government. This money will fall into the same black hole as federal funds meant to improve CA's roads and infrastructure, and money meant to help PG&E keep the lights on. 

If you drive up the I280 corridor from San Jose to San Francisco, past Stanford, you can see acres and acres of undeveloped land within a 15 minute commute of Apple. Various state and local regulations prevent this land from being developed. Until the regulatory framework of California changes, nothing will improve.

I tend to agree with those who view this as a waste of shareholder funds.