Named after the location of the soon to be constructed Apple Headquarters iTower. The Apple iTower will be located at exactly 3.14159265358979323846264338327950288419716939937510582097494459230781640628620899862803... Infinite Loop, Cupertino California. Once they have calculated that last digit of Apple Pi, they will know exactly where to start construction on the base of the iTower.
The iTower will feature a computer-calibrated large mass counterweight to support the click wheel.
Apple, is now world reknowned for the creation of its Macintosh. This is a large yellow material which people put their head under to stay out of the rain.