mpantone

Soli said:

1) Do you know if the Apple Store at 1 Infinite Loop will be closing down?

2) The employees staying at 1 Infinite Loop have to at least have to be glad that parking will ease up (even if they wish they could move to Apple Park for a change of scenery). Every time I'm there it's a nightmare to park, which countless cars parking in the aisle thruways which just makes maneuvering even more difficult. Seems like an incredibly stressful way to start and end your day. No wonder Jobs parked in the handicapped spot.

1) I don't know. I don't care and I didn't bother to ask my buddies.

That said, my guess is that the Apple Store at 1 Infinite Loop will continue to operate for a while but sales volume and foot traffic will be evaluated at a later date to see if the store merits staying open or not. It's not a typical Apple Store retail location; after all, it was formerly the Company Store and wasn't converted to a full blown Apple Store until the bricks-and-mortar operation was firmly entrenched.

2) I assume the parking situation at 1 Infinite Loop will be similar to what it is now. After all, the Infinite Loop campus is expected to be fully occupied after all of the relocations.

I'm also guessing that 1 Infinite Loop will continue to have a fair amount of guest visits (partners, vendors, etc.) since many non-engineering departments will be housed there.

zoetmb said:

Moving an entire workforce?   I thought lots of people were staying at 1 Infinite Loop and that address isn't going away.   I was under the impression in addition to those people who weren't moving, the freed-up space at 1 Infinite Loop was going to be used to consolidate employees who are currently in various leased buildings around Cupertino and it was those buildings that would eventually be emptied of Apple employees.    I seem to remember reading something about fears of an office space real estate glut in Cupertino once Apple completed this.   

I do not work at Apple but I have numerous pals who do.

1 Infinite Loop isn't shutting down. As you theorized, many other employees will be moving into 1 Infinite Loop once the current occupants (mostly iPhone, iPad, Mac, hardware engineers as well as iOS and macOS software engineers). Let's say you work on Apple Maps or iCloud Backup; well, you're not going to Apple Park, but you probably will move into 1 Infinite Loop.

Apple Park has been deemed an engineering campus so 1 Infinite Loop will likely become the home for a bunch of administrative groups: Product Marketing, Finance, Legal, etc.

Some of the satellite Apple campuses will eventually shut down as leases expire. Apple has a number of buildings in neighboring Sunnyvale and eventually those people will move closer to the Infinite Loop/Mariana/Bandley area.

This will likely free up some highly desirable smaller buildings and complexes for smaller companies as Apple has had a stranglehold on Cupertino office space for a number of years.

rotateleftbyte said:

matrix077 said:

Don't fall for it. “people familiar with the incidents” is just too easy. Not saying the building doesn't have issue. Any building will have ones, even Frank Lloyd Wright's. But there is narrative to sell and that narrative is Apple is failing. 

Exactly. We'll be seeing reports soon where one person has complained about the quality of the toilet paper in the new building. APPL will fall by $10 on the news.

Not sure why Appell Petroleum Corp's stock would drop by $10 from this news, especially because it was delisted a long time ago.

  

randominternetperson said:

Hey Apple Insider, this would be an good story next time around:  "Apple announces date of shareholders meeting and instructions for requesting access."  Obviously it "sells out" even faster than the WWDC, but it would be good to know when to (try to) sign up.

I'm a shareholder, but I never receive any communication from Apple directly (e.g., I don't receive the Annual Report).  Do I have to ask my broker to provide that?

Your broker should be communicating to you things like proxy statements, shareholder ballots, prospectuses, etc. They are required by law to send these to you.

By default these materials are sent via US Postal Mail to your address on file unless you opt-in for e-delivery (which of course requires a valid e-mail address and confirmation of said e-mail address).

If your broker is not doing this, they are likely in violation of SEC regulations.

As for AAPL, the Proxy Statement and Form 10-K were available as of 1/4/2018. Note that the Form 10-K is a document that the company that must be provided to the SEC annually. This is different that the often glossy annual report that is offered to current and prospective shareholders. The latter is not required by law and is more of a shareholder marketing communication, not an SEC-regulated document.

Your broker does not have any responsibility is providing you with marketing materials (which is what the glossy annual report is).

In most instances, the companies you have invested in will not send you any direct communications. Shareholder communications are typically sent by the brokerage firm or by a corporate governance services company like ProxyVote (Broadridge Financial), ISS, AST, and other similar companies.

You could look to see if you can sign up for a Shareholders Communications newsletter from Apple Inc., but understand that many of these communications would not be SEC regulated documents, but rather marketing tidbits.

It's hard to tell from a single cropped frame grab, but if you watch the video and pause at several moments, you get a better idea of the size of the field.

A volleyball court is 29.5 ft wide and 59 feet long. Just from this photo, it looks like the width of the field is about the length of two pickup trucks, which would be about 30 feet.

I doubt it's a tennis court. The lines are wrong, plus a tennis game can accommodate at the most four players. You'd really need multiple courts to start to service the potential demand from a building of 10,000 employees. At least with volleyball, you could have 6 or more players per side, plus rotate players from the sidelines.