Evaluate a capital budgeting decision for Apple Inc. to invest in a new manufacturing facility. The project requires an initial investment of $100 million and is expected to generate annual cash flows of $20 million for the next ten years. Calculate the project's net present value (NPV) using a discount rate of 8%. Interpret the NPV result and provide a recommendation on whether Apple should undertake the investment. Discuss the strategic implications of the capital budgeting decision for Apple's competitive position and long-term growth.