In April 2021, Apple announced plans to open a new campus in the Raleigh, North Carolina area. The company will spend over $1 billion on the campus, eventually employing 3,000 software engineers and machine learning employees. Lauren Ohnesorge for Triangle Business Journal: Site plans obtained by the Triangle Business Journal show the first phase of the huge project includes a 41-acre development with six buildings and a parking garage. The plans, filed with Wake County, show there will be more than 700,000 square feet of office space, 190,000 square feet of accessory space and close to 3,000 parking spaces. What’s not clear from some of the highly-redacted documents is when those buildings could go vertical at the site along Louis…
In April 2021, Apple announced plans to open a new campus in the Raleigh, North Carolina area. The company will spend over $1 billion on the campus, eventually employing 3,000 software engineers and machine learning employees. Lauren Ohnesorge for Triangle Business Journal: Site plans obtained by the Triangle Business Journal show the first phase of the huge project includes a 41-acre development with six buildings and a parking garage. The plans, filed with Wake County, show there will be more than 700,000 square feet of office space, 190,000 square feet of accessory space and close to 3,000 parking spaces. What’s not clear from some of the highly-redacted documents is when those buildings could go vertical at the site along Louis…
The Apple TV+ Emmy-winning comedy series “Ted Lasso” has topped a billion minutes of viewing for the first time on Nielsen’s charts. A still from Apple TV+’s “Ted Lasso” series Rick Porter for The Hollywood Reporter: The season three (and potential series) finale of Ted Lasso delivered record streaming numbers for Apple TV+. Viewers watched 1.24 billion minutes’ worth of the Emmy-winning comedy for the week of May 29-June 4 — the first time any show on Apple’s streaming service has topped a billion minutes. The season three finale, released May 31, accounted for 529 million of those minutes (about 42.5 percent of the total), which Nielsen says is the highest weekly total for a single episode of Ted Lasso.…
The Apple TV+ Emmy-winning comedy series “Ted Lasso” has topped a billion minutes of viewing for the first time on Nielsen’s charts. A still from Apple TV+’s “Ted Lasso” series Rick Porter for The Hollywood Reporter: The season three (and potential series) finale of Ted Lasso delivered record streaming numbers for Apple TV+. Viewers watched 1.24 billion minutes’ worth of the Emmy-winning comedy for the week of May 29-June 4 — the first time any show on Apple’s streaming service has topped a billion minutes. The season three finale, released May 31, accounted for 529 million of those minutes (about 42.5 percent of the total), which Nielsen says is the highest weekly total for a single episode of Ted Lasso.…
Citi Research analyst Atif Malik late Thursday initiated coverage of Apple stock with a “Buy” rating and a $240 price target. Emily Bary for MarketWatch: “We believe the Street is underestimating continued gross margin expansion,” he wrote in his note to clients, which was titled: “A Hardware Company That Thinks Like a Software Company.” Malik is upbeat about Apple’s AAPL ability to expand margins by continuing to drive consumers toward more expensive devices and configurations. Plus, Apple boasts “resilient market share,” with gains against Android devices, and it’s poised to lower its own costs thanks to a move to design its own custom chips. “Moreover, growing higher-margin services sales mix should help expand the overall corporate gross margins,” Malik continued,…
Citi Research analyst Atif Malik late Thursday initiated coverage of Apple stock with a “Buy” rating and a $240 price target. Emily Bary for MarketWatch: “We believe the Street is underestimating continued gross margin expansion,” he wrote in his note to clients, which was titled: “A Hardware Company That Thinks Like a Software Company.” Malik is upbeat about Apple’s AAPL ability to expand margins by continuing to drive consumers toward more expensive devices and configurations. Plus, Apple boasts “resilient market share,” with gains against Android devices, and it’s poised to lower its own costs thanks to a move to design its own custom chips. “Moreover, growing higher-margin services sales mix should help expand the overall corporate gross margins,” Malik continued,…
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