Apple investing $13 million in Sacramento campus extension

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Date: Tuesday, December 8th, 2015, 06:31
Category: Finance, News

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The Apple real estate expansion journey headed north with Apple apparently preparing to transform a large warehouse at its Elk Grove campus in Sacramento, California into a logistics center, a move that city officials estimate could generate several thousand new jobs.

The current word is that Apple will invest $13 million in the project, thereby turning a 134,000 square foot space into a logistics center.

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Apple leases additional campus space in Sunnyvale, Jay Paul Co. credited with the deal

Posted by:
Date: Friday, December 4th, 2015, 09:04
Category: Finance, News

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The process of Apple pretty much buying out the entire South Bay real estate market continues.

Today, it was revealed that the Jay Paul Co. is in advanced discussions to acquire Landbank Investments LLC’s massive “Central & Wolfe” development site in Sunnyvale, where Apple Inc. has leased a huge, Space Age-style office complex planned to be built there, according to industry sources.

Three sources outside the deal have stated that San Francisco-based Jay Paul has been picked as the buyer. The deal isn’t complete, and it’s unclear whether or not the transaction has gone nonrefundable. Scott Jacobs, CEO of Landbank, declined to comment on Wednesday. Jay Paul Co.’s chief investment officer, Matt Lituchy, declined to comment Thursday.

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Apple acquires real-time capture firm Faceshift, intended purposes unknown

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Date: Wednesday, November 25th, 2015, 07:11
Category: Finance, News, Software

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It’s hard to say what Apple will do with its new toy, but it’s been confirmed that it just bought a real-time motion capture firm.

The company apparently acquired Faceshift, a Zurich-based capture firm, which has worked with game and animation studios on technology designed to quickly and accurately capture facial expressions using 3D sensors, including Faceshift Studio software with plugins for Maya and Unity. The company was also working toward consumer-facing software like a Skype plugin that would support real-time avatars for video chat.

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Rumor: Apple looking to bring Apple Pay to Chinese marketplace in 2016

Posted by:
Date: Tuesday, November 24th, 2015, 07:23
Category: Apple Pay, Finance, Rumor

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It looks like Apple Pay could be in China as early as next year.

Back in September, Apple created a company in the Shanghai free-trade zone, hinting at its plans to launch Apple Pay in the country. It’s since been reported that Apple plans to launch Apple Pay in China by February. Apple has reportedly secured agreements with the four largest banks in China to support the platform.

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Apple Pay launched in Australia through American Express partnership

Posted by:
Date: Thursday, November 19th, 2015, 08:51
Category: Apple Pay, Finance, News

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Apple Pay has just launched in Australia.

In a somewhat limited capacity, but it’s launched.

On Thursday, Apple, partnering with American Express, launched Apple Pay in Australia.

At present, no co-branded cards are currently supported, and only stores equipped for AmEx wireless payments are accepting transactions. This does include major chains though, among them Coles, Harvey Norman, Starbucks, Woolworths, and others.

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95 banks, credit unions, including H&R Block, added to Apple Pay list

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Date: Wednesday, November 18th, 2015, 08:57
Category: Apple Pay, Finance, News

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Apple on Tuesday added yet more banks and credit unions to its list of Apple Pay issuers, bringing the grand total to over 740.

Among these was tax preparer H&R Block, which offers the prepaid Emerald debit card.

Acme Federal Credit Union

Alpine Bank

Alpine Credit Union

Altier Credit Union

American 1 Credit Union

American Trust and Savings Bank

Ashland Credit Union

Augusta Metro Federal Credit Union

Avidia Bank

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American Express states that Apple Pay will launch in Canada on Tuesday, November 17th

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Date: Monday, November 16th, 2015, 08:02
Category: Apple Pay, Finance, iOS, News

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For those of you to the north, Apple Pay will launch in Canada starting tomorrow.

Apple Pay is expected to expand to its third market this week, launching in Canada this Tuesday, November 17th. As previously announced, Apple Pay will be launching through an exclusive partnership with American Express, initially limiting the reach of Apple’s payments service in the country.

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Rumor: Apple looking to create person-to-person payment functionality with Apple Pay

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Date: Thursday, November 12th, 2015, 08:34
Category: Finance, Rumor

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Apple could be moving Apple Pay into the person-to-person payments market.

The current word on the ground is that Apple has spoken with J.P. Morgan Chase, Capital One, Wells Fargo, and U.S. Bancorp about the system. It’s not clear how far those talks have progressed, and many technical details remain unsettled.

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Apple looking into potential 4.15 million square foot site north of San Jose

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Date: Wednesday, November 4th, 2015, 13:37
Category: Finance, News

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You can do a lot with 4.15 million square feet.

Or at least that’s what Apple might be up to given its inquiry into a campus north of San Jose. The new structure, if completed, would be larger than the “spaceship” campus Apple has underway.

The draft agreement between Apple Inc. and the city of San Jose, which is not yet completed, will come before the city’s Planning Commission later this month, officials said. It would lock in development rights — and expectations for both sides — for the next 15 years in an area that sprawls across 86 acres north of Highway 101 across from the Mineta San Jose International Airport.

The area Apple has been focused on now sprawls over roughly 86 acres in north San Jose. The sites would be subject to a development agreement between Apple and the city, spelling out how the land could sprout buildings. But the deal does not signify an actual project.

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Apple discloses $1.69 billion increase in “Other Products” division, could be directly attributable to Apple Watch sales

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Date: Thursday, October 29th, 2015, 08:13
Category: Apple TV, Apple Watch, Finance, iPad, iPod, News

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Although Apple has yet to disclose any specific sales numbers for the Apple Watch, they may have tipped their hand a bit with the company’s most recent financial report.

A figure within the report states that Apple’s “Other Products” division climbed by more than US$1.69 billion in sales by the end of September.

As part of the company’s quarterly 10-Q filing with the U.S. Securities and Exchange Commission, Apple said that more than 100 percent of the year-over-year revenue growth in its “Other Products” category was attributed to the Apple Watch.

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