This transcript has been automatically generated and may not be 100% accurate.

... solar ... earlier today ... you guys made a huge bond in that context of solar deal recently ... on news stands up eight hundred and fifty million dollars ... to hop on a twenty five years of solar power almost half the output of solar plant ... done by First Solar ... in California ... and aam I'm curious not about the morality of that deal ... but about the economics of the deal ... we had a we have a discussion earlier today with a debate about whether solar makes sense economically so ... to what extent you guys pencil out these numbers into the extent that you did it ... was a good deal for Apple shareholders are always was this assertive and investment to look for in fact I have a feeling ... yet know it is our it is a good deal ... about ... some money just walk through the deal a little bit ... it is an island people looking in the comments hiding under forty eight million dollars it's over twenty five ... years that's the nominal value of the deal says undiscounted ... I that's important to know ... um that something that ... most people didn't don't understand and a tooth pick up on is that it so aam ... on the back end of the deal we actually got seven hundred and thirteen and like feel to it to be so at the end of twenty five years you're buying twenty five years of power ... hundred and thirty megawatts at the end of twenty five years you refer to getting the entire often that ... was the end of the twenty five year period and I'm not the same way ... um ... we become ... we we get the rest of the Chinese leader Xi Janie is the other of trying to fire in the Italian ten year lease right here right so ... so so you have two people were part of it he also this is this is basically that the gets older he'll ... thus far of candy and wine Expo in us the economics of this what what are you paying for that store tool for kilowatt hour basis and was a good thing for for for years to ... the site so it's a pure power purchase agreement know people been speculating about when this accept the loss that that wasn't part of it ... aam you know what I can say I'm not eventually give exact numbers to what I can say is that we start off the price that were painting is lower than that which would ... only pay ... I aam and then use aam some slight escalation over time ... um but it's far less that was traditionally been seen ... aam in escalation of commercial rates ... so aam you know as we look at the deal and courses prospective so anything can happen ... on that's that the difference in well with a pay out this year when the baby boomers is on its way to ... say thanks to say and that's that's predicated on the assumption that the price of gas to rise to release twenty five years and that's for the doctor comes announcement stating pensions ... I think it would be just easier this is predicated on the connected historic trendline and let you know the suites have been up and comparing the rate we know that if it's ...