Friday, January 13, 2012

Apple Inc. (NASDAQ:AAPL) Expanding Product Research

Apple Inc. (NASDAQ:AAPL) has agreed to lease a new research space near their
headquarters at Cupertino in Sunnyvale, California. Apple Inc. (NASDAQ:AAPL)
Expanding Product Research As a part of the move to renovate its main campus in
Cupertino, technology giant Apple Inc. (NASDAQ:AAPL) is leasing a new
215,000-square-foot Research Center in Sunnyvale to house its employees
temporarily. The new centre is located 7 miles away from the company's current
headquarters in Cupertino. Reports say that Apple Inc. (NASDAQ:AAPL) wants to
lease between 700,000 to 800,000 square-feet in Sunnyvale, allowing room for
between 2,800 to 3,200 employees. Apple Inc. (NASDAQ:AAPL) stocks were at 419.60
at the end of the last days trading. Theres been a 3.2% change in the stock
price over the past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.16 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.21 Zacks Rank: 1 out of 2 in the industry

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