iPhone and Mac sales boom, and iPad owns Christmas. Somewhere behind all of this success, a company is growing and not just a little. Recent years have seen billions in new revenue and tens of thousands of new employees, and the trend is gaining strength.
Mercury News reports that Apple has purchased another chunk of Hewlett-Packard, this time 98 acres and a bunch of office buildings. A few years back, the Mac, iPad, iPhone and iPod maker bought a 50-acre site populated with cubicles that’s literally across the street from their latest buy and that’s apparently already full up.
“They’ve just had spectacular growth,” said Tim Bajarin, president, Creative Strategies. “They are one of the companies in the valley that are hiring, and the bottom line is they need the space.”
Although terms of the deal have not been announced, local real estate people say that HP had been asking for $300 million. With about $50 billion in short-term investments and cash reserves, even ten times that number wouldn’t be a problem.
“We now occupy 57 buildings in Cupertino and our campus is bursting at the seams,” said Apple spokesman Steve Dowling. “These offices will give us more space for our employees as we continue to grow.”
Last year, Apple added more than 12,000 mostly retail employees worldwide last year.
More coming over there, too
Meanwhile, over on social networking site Reddit member tbreak, who claims to be an Apple employee in Ireland, says that the mothership’s putting on employees in Europe, too.
Hi guys and gals.
I work for Apple and it looks like we’re going to be taking on about 500+ new staff in the next few months.
I wanted to share with you all so that if you’ve been out of work for a while and are looking it’s a great place to work.
There’s people from all over Ireland and Europe here and if you don’t mind moving to Cork, have a look and see if any of the jobs would be for you.
A few hundred here and more hundreds there, as well as the thousands they’ll fill those buildings in Cupertino with.
It’s interesting that it took Apple decades to run out of space at 1 Infinite Loop and then just a few years to fill up the 50-acre site they bought in 2006. Truly, growth is accelerating.
One wonders if Steve Jobs et al can maintain control…
What’s your take?