Apple Inc.
21 May 2026, 19:12
Apple Inc. announced Tuesday it will expand its campus in Austin, Texas, with a new $1 billion development that will add 15,000 jobs over the next decade. The company said the project will include a new engineering center, research facilities, and enhanced retail stores. Apple CEO Tim Cook called the expansion a testament to Austin’s growing importance as a tech hub. The announcement follows Apple’s recent quarterly earnings report, which exceeded analyst expectations amid strong sales of iPhones and services. The company’s stock, which closed up 1.2% at $198.34, was unchanged in after-hours trading.