Something went wrong with the connection!
 Breaking News

Iconic Apple Park valued at more than $4bn: Report

Iconic Apple Park valued at more than $4bn: Report
July 16
15:31 2019

SAN FRANCISCO: The iconic Apple Park in Cupertino has been assessed to be worth a whopping $3.6 billion, according to the Santa Clara county.
The valuation doesn’t perfectly coincide with its market value – how much it would sell for – but is based off a detailed appraisal of the building, which opened in 2017, according to a report in the San Francisco Chronicle.

Once things like computers, furniture, and grounds maintenance equipment are also considered, the valuation increases to $4.17 billion.
Beyond its giant 2.8 million-square-foot size, Apple Park’s high-end materials, abundant glass and intricate design make it a standout in Silicon Valley, home to some of the world’s most valuable real estate, the report added.

The iPhone maker is required to pay 1 per cent property tax per year, which comes out to just over $40 million this year.
Some people, however, believe that Apple should pay more, as its property tax does not “offset its contribution to the housing crisis and homelessness”. Nonetheless, Apple is still the largest property taxpayer in Santa Clara County, according to 9to5Mac. Ians

Comments

comments

Related Articles

E-paper Latest Edition

Subscribe to our Digital Edition

Epaper

ADVERTISEMENT – INKASA INTERIORS

Inkasa Interiors | Interior Designer in Delhi

ADVERTISEMENT – Ponderosa Homes

Ponderosa Homes

50 SPIRITUAL APPETIZERS – VINOD DHAWAN

50-ad-Indiapost

It’s a lovely book. It feels energetically clear and light. It’s easy to read, dip in and out and most importantly it offers information without fluff! Blessings on this project.

Jac O’Keeffe
Spirituality teacher based in USA.

*Available on Amazon, Flipkart & other online stores*

ADVERTISEMENT – Star Tours

Star Tours

ADVERTISEMENT – Global Holidays

Global Holidays Early Bird Discounts

POPULAR CATEGORIES

Follow us On Twitter

Our deepest sympathy to Shri Jagannath Mishra's family. In this time of grief, our thoughts and prayers are with th… https://t.co/ygCPRNu1Ps
h J R
@Indiapost_News
Not all parts of Article 370 to be valid in Jammu & Kashmir: Home Minister Amit Shah. @AmitShah @narendramodihttps://t.co/zkrf5wfpHm
h J R
@Indiapost_News
New York’s India Day Parade to honour valour, the sacrifice of Armed Forces Read: https://t.co/PZwBYlrPDWhttps://t.co/YNNjkxtG5s
h J R
@Indiapost_News
Hamza bin Laden was very threatening to the US: Trump https://t.co/Vv1tNdQ6i0 #HamzabinLaden #OsamabinLaden #Trump #USA
h J R
@Indiapost_News

Facebook

Subscribe To Our Mailing List

Enter your email address:

Delivered by FeedBurner

Subscribe to IndiaPost by Email

Download Media Kit