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A Look At Apple Inc.'s Temporary Building

A Look At Apple Inc.'s Temporary Building
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Apple Inc. (NASDAQ: AAPL) on Tuesday is expected to announce two new iPhones alongside an iWatch or some form of "smart-wearable."

The hype around the event is at a fever pitch. Trip Chowdhry from Global Equities Research shared insight and images from Apple's newly constructed temporary building at The Flint Center in De Anza College.

In a note released Monday morning, Chowdhry laid out the what the construction means regarding Apple's product launch:

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  • "If only iPhone 6 was to be launched, there would have been no need to construct the temporary white building."
  • "Since the temporary building is constructed, there is a very strong likelihood, that more than iPhone 6 is getting launched, as the lobby area of the Flint Center would have been sufficient to accommodate the iPhone launch only."
  • "Flint Center is about 1.5 miles away from Apple 1 Infinite loop, which is Apple's HQ, and it seems like this time around, Apple has taken extra steps to keep things under tight control."
  • "We speculate, based on the size of the White Temporary building, iPhone 6 + some other devices are getting launched on September 9th."

Below are the images with commentary (click image to enlarge):

Observations from the above Photograph 1:
  • "The building on the left is Flint Center, and can hold 2,500 guests."
  • "The white construction on right is the temporary construction."
Observations from the above Photograph 2:
  • "This photograph focuses on the temporary White Building"
  • "The White temporary building has been under construction for the last 30 Days."
  • "The size of the white building is closer to the size of Apple store on the 5th Avenue, New York City."
  • "The white building has no windows."
  • "Both Flint Center and the White Building has heavy security and no one is allowed to enter."
  • "The workers told us that the White building is being constructed for some conference, which happens on 9th September, and the construction is complete."
  • "It appears very likely Apple will announce not only both iPhones but also it's 'smart-wearable.'"

Latest Ratings for AAPL

Jun 2018ArgusMaintainsBuyBuy
May 2018Maxim GroupDowngradesBuyHold
May 2018Morgan StanleyMaintainsOverweightOverweight

View More Analyst Ratings for AAPL
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Posted-In: Global Equities Research Trip ChowdhryAnalyst Color News Rumors Analyst Ratings Tech Best of Benzinga


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