Newly uncovered documents provide details about the magnitude and extent of Apple's upcoming Research Triangle Park campus in North Carolina, despite its completion being years away.The campus will be near Raleigh, North CarolinaAs part of a construction endeavor in Raleigh, the company is currently developing a new campus in North Carolina. The proposed campus will span 281 acres, including commercial offices, a parking deck, streets, and a central utility plant. Read more...

More than two years after Apple announced plans to invest over $1 billion in North Carolina with over half of that investment going towards a new engineering and research center in the Research Triangle area of Raleigh and Durham, the company has finally filed development plans for the first phase with local authorities. Assemblage of seven properties in Research Triangle Park owned by Apple As shared by the Triangle Business Journal, the 41-acre initial phase at Research Triangle Park will include six buildings and a parking garage totaling 700,000 square feet of office space, 190,000 square feet of accessory space, and almost 3,000 parking spaces. Among the structures in the first phase are three office buildings with the largest coming…

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,…

Apple, the world’s most valuable company, is nearing a market capitalization milestone in trading today. Apple’s stock closed at another record high of $188.06 on Tuesday, its fifth record for the year. If Apple closes at or above $190.73 on Wednesday, the Mac-maker will officially have a market capitalization of $3 trillion. Angela Palumbo for Barron’s: “This product and application build out could be another tailwind to Services revenue in FY25 as more consumers start to make the path down the mixed reality headset with Apple as Vision Pro price points start to come down markedly in FY25,” Wedbush analyst and long-time Apple bull, Dan Ives, wrote in a research note Wednesday. He rates Apple stock at Outperform with a…

Apple is the Online Safety Bill as it could be used to force encrypted messaging tools like iMessage, WhatsApp, Signal and other to scan messages for, ostensibly, child sexual abuse material (CSAM). Apple’s opposition comes as 80 organizations and tech experts have written to UK Technology Minister Chloe Smith urging a rethink. Chris Vallance for The Beeb: Apple told the BBC the bill should be amended to protect encryption. Police, the government and some high-profile child protection charities maintain the tech – used in apps such as WhatsApp and Apple’s iMessage – prevents law enforcement and the firms themselves from identifying the sharing of child sexual abuse material. But in a statement Apple said: “End-to-end encryption is a critical capability…