Just one day after North Carolina lawmakers approved changes to the state’s corporate tax laws designed to lure Apple and a $1 billion server farm project to one of their rural communities, the state’s Governor signed Senate Bill 575 into law and announced that the iPhone maker is coming to town.

via AppleInsider | North Carolina greets Apple and $1 billion server farm project.

Let the speculation begin. Why would Apple need a server farm on the east coast? Is the fact that it’s on the east coast even important? The fact that they are building a server farm at all indicates an expectation on their part to increase web services over the next few years. iTunes Music, Movies, Apps and Games Store growth? Maybe. Improved with more features and more reliability MobileMe service? Maybe. Whatever it is, I’m sure it will be good.