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$LII expects a $45MM benefit from sourcing and engineering-led cost reductions compared to prior guidance of $40MM. For corporate expense, the company expects $95MM for 2016, compared to prior guidance of $90MM, as it continues to invest in the businesses for growth.
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.