Summary: Over the past four months, Apple has spent more than $300 million quietly purchasing or leasing land in North San Jose. In this episode, we review these land transactions and possible reasons behind the deals. We then discuss why all signs point to an Apple Car R&D facility as the most likely reason for Apple's North San Jose activity. After going over some of the data used to reach this conclusion, we take a broader look at Apple's growth trends and what they may mean for Apple's culture. We conclude with how a North San Jose R&D facility may fit structurally within Apple's organization as well as its connection to Apple Campus 2. More information on Above Avalon memberships can be found at AboveAvalon.com.
