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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (10645)	12/1/2020 8:58:33 PM
From: John Koligman	Read Replies (1) \| Respond to of 26581

Apple also bought part of an HPQ campus some years ago and it is what the 'spaceship' sits on now. Apple makes big land purchase in Cupertino Apple makes big land purchase in Cupertino By BRANDON BAILEY \| Bay Area News Group PUBLISHED: November 24, 2010 at 12:16 p.m. \| UPDATED: August 13, 2016 at 6:54 p.m. At a time when Apple is adding new workers almost as fast as it sells new iPhones and iPads, the pioneering computer maker has made a 98-acre land purchase that will roughly double the size of its home base in Cupertino. Apple’s latest acquisition is the longtime Cupertino campus of rival tech giant Hewlett-Packard, the Mercury News learned Wednesday. HP announced over the summer that it planned to move out of that site, which it had occupied for decades, as it consolidates operations at its Palo Alto headquarters over the next two years. Analysts said the deal is a positive indicator for both Apple and the Silicon Valley economy overall. It’s no surprise the company needs more room: In the past year, Apple reported $65 billion in sales and added 12,300 employees, raising its global work force to 46,600, many of them in Cupertino.