Apple Campus 2: Worth the $5 Billion Cost?

In April 2006, Steve Jobs announced to the city council of Cupertino that Apple had acquired nine contiguous properties to build a second campus, the Apple Campus 2.

The land cost was estimated at USD $160 million. The new campus design will take 3 to 4 years, and the project cost is estimated at USD $500 million. However, in 2013 the total cost was estimated to be nearer to $5 billion.

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