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Wednesday, June 8, 2011

Biz Break: Jobs' newest vision: A shiny Apple mother ship in Cupertino



Today: Apple (AAPL) wants to build a new mother ship in Cupertino. Plus: It also has surpassed HP as the biggest chip buyer. And: Twitter, Sony, Google (GOOG) and Silicon Valley tech stocks.

Apple's new campus

A day after CEO Steve Jobs announced Apple's new iCloud service, he unexpectedly visited his pals on the Cupertino City Council to unveil his company's latest project: a glass-enclosed, circular new four-story home for 12,000 workers on land formerly occupied by Palo Alto tech pioneer Hewlett-Packard (HPQ).

According to a report by Matthew Wilson of our sibling publication the Cupertino Courier, Jobs told the council Tuesday night that "Apple is growing like a weed" and needs to expand from its headquarters on Infinite Loop.

This won't be any typical Silicon Valley

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