Apple’s new campus is facing ballooning costs, Peter Burrows at Bloomberg Businessweek reports.
According to his sources, Apple’s spaceship headquarters planned for Cupertino, California is projected to cost $5 billion, up from under $3 billion in the original plans.
Apple is trying to cut $1 billion in costs from the project, according to Burrows. This cost cutting is delaying the project a bit.
Apple originally wanted to move in in 2015, now it will be moving in in 2016.
The circular building was one of the last major projects Steve Jobs worked on.
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