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Apple considers creative office in Culver City; Tim Cook says no AR glasses for now

Published 10/11/2017, 02:24 PM
© Reuters.  Apple considers creative office in Culver City; Tim Cook says no AR glasses for now
QCOM
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AAPL
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  • The Real Deal reports that Apple (NASDAQ:AAPL) is in talks to lease an 85K square foot creative office in Culver City.
  • The $3.83M per year property will become available in 2018.
  • Apple has committed $1B to developing original content over the next year.
  • In other news, CEO Tim Cook tells British Vogue that the company has no near-term plans to release augmented reality technology, “I can tell you that the technology itself doesn't exist to do that in a quality way."
  • Previously: IDC: Worldwide PC sales totaled 67.2M in Q3 (Oct. 11)
  • Previously: Taiwan fines Qualcomm (NASDAQ:QCOM) $773M for antitrust violations (Oct. 11)
  • Now read: Apple Stock: Focus On The Big Picture


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