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In 2Q16, $APD's effective tax rate increased to 25.5% versus 2Q15, mainly due to the increase in and mix of income in jurisdictions with higher effective tax rate and business separation costs for which a tax benefit was not available. At March 31, 2016, company had $485.3MM in share repurchase authorization remaining.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.