Apple buys HP's Cupertino campus

Apple buys HP's Cupertino campus
Apple has expanded their physical empire today, purchasing HP's Cupertino, California campus. Hewlett Packard is apparently condensing their workforce into their Palo Alto campus, and is no longer in need of the 98-acre property.

This land purchased by Apple effectively doubles their current ownership. "We now occupy 57 buildings in Cupertino and our campus is bursting at the seams," says Apple spokesman Steve Dowling. It also makes Apple the largest landowner in Cupertino, CA.

HP's former property sits across from another 50-acre parcel of land, that Apple has set aside for their second campus. Apple is rolling over the competition, posting record revenues and earnings, which are largely thanks to the iPhone and iPad.

We know we should be excited about a home-grown company showing such success, but it also comes at the expense of other U.S. businesses. Is Apple going to roll over every tech sector, as it did with the music industry? We're just waiting for Apple to change Cupertino's name to "Appleton".

source: Reuters via PCMagazine

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4 Comments

1. Marco151polo

Posts: 9; Member since: Nov 28, 2010

Or... Appleville iTown iMap iJobs Turtleneck ....

2. smpdx

Posts: 127; Member since: Nov 02, 2010

The only redeeiming quality about Apple is that they are American based.

3. ibap

Posts: 865; Member since: Sep 09, 2009

Manufacturing is not US based, and I'm not sure what else may be farmed out.

4. Russki

Posts: 45; Member since: Dec 26, 2009

Haha... i go to school in cupertino. nothing but asians and indians. neadless to say the parkinglot on campus is a nightmare.

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