Looks like there will be a break in the Infinite Loop!
Steve Jobs revealed this week that Apple is building a new, 50-acre corporate campus. They plan to tear down 9 different adjacent properties about 1-mile away from their current campus and build their second home.
Why does Apple need a new corporate campus? They are growing. The first iPod was released in 2001. Six years later the success of the iPod and the iTunes Music Store means Apple’s business has tripled. As result of this expansion, Apple has been renting every spare piece of real estate in Cupertino and their employees are scattered across 30 different buildings.
It was time for Apple to build a new home.