Does anyone see this and wonder what will happen when the start downsizing?
If you think that way, then you would never expand.
Worst case, they either go back to the original campus or they make this their WHQ.
I'm shocked Apple's security hasn't been on the lookout for this and shot it down yet. I'm sure one of those guys has a rifle.
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What I was wondering too when I first read the story, but upon reflection, Moscone West with just under 300,000 sq ft is already too small for WWDC, so I'd say the Spaceship Event Theater is out of the question for conventions the size of WWDC. But they'll obviously continue to do product announcements in-house.
WWDC is probably going to remain held elsewhere: strictly for iOS and OSX. i see hardware announcements done inside here though.
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No, but the staff benefit. And if they're happier, the products will improve and the customers will be happy.
I'm fed up hearing about stockholders.
The company is making enough money to run and pay it's staff, run operations and make a nice profit, too. The customers are happy with the products. Yet the company can be seen to be "failing" because it's share price is low? It's madness.
Stockholders don't care as much about the now as the tomorrow. Clearly you aren't an investor.
When you take ownership of the company - you want to know how well the company will do in the future to increase your earnings. if the company is foolishly spending, then it does not look good for the company. When the company makes most of its money on one item vs the 1000s of others, it does not look good either.
GE is selling off divisions of its company because they aren't profitable or ranked the best. It doesn't make sense to do something if you aren't either one or both.