Apple’s new HQ to cost $5bn- Tim Cook

The CEO of premium IT providers Apple, Tim Cook has revealed that the company’s new headquarters will cost a whopping $5billion, give or take to build.

Cook made the revelation when answering questions posed by Charlie Rose on “60 Minutes” which airs a segment on Apple.

In the interview, Rose also asked about running a modern-day tech giant and the challenges the company faces daily, from a world filled with terrorists to criticisms that its manufacturing operations in China have everything to do with low-wage workers.

Read also: Samsung agrees to pay $548 million settlement to Apple

But Rose couldn’t get much out of Cook, including about Apple’s rumoured car-building operation.

Cook also doesn’t apologise for the fact that Apple is keeping $74 billion in revenue offshore, either. Two-thirds of Apple’s business is overseas, Cook notes, adding that he doesn’t plan to pay “40 percent [of that sum in taxes] to bring it home . . . I don’t think that’s a reasonable thing to do.”

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