Apple Makes Big Pre-Black Friday Purchase of its Own
Apple has served up quite a few Black Friday deals this year (like $101 off of a new iMac, or a $41 break on a new iPad) to make consumers with penchants for big Apple purchases a little happier today. But don't be fooled. The people at Apple have been doing quite a bit of shopping themselves. So, in case you're feeling bad about how much money you're spending, you've probably been topped, as Apple's little shopping spree is estimated to have run about $300 million or so this week.
If you missed the news amidst the flurry of Black Friday ads and the incessant iPad 2 rumors, it's been announced that Apple has once again augmented its sprawling Cupertino, California home base with the acquisition of a 98 acre campus (see above) that was previously occupied by HP until earlier this year. The land in question is juxtaposed to more land (a 50-acre site) Apple acquired about four years ago.
According to Mercury News, "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."
The report notes that the land Apple has now gobbled up had been occupied by HP for two decades. Although HP announced the sale this earlier this week, the company initially did not opt to reveal who the buyer was.
"We now occupy 57 buildings in Cupertino and our campus is bursting at the seams," Apple's Steve Dowling told Mercury News. "These offices will give us more space for our employees as we continue to grow."