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Greg Baglione of Morgan Stanley probes about the e-commerce margin profile. $M CFO Karen Hoguet answers by saying that there is a mis-perception that digital growth comes at a lower margin, which is not really the case. Digital growth is not a negative drag on company's margin going forward, $M actually likes it much.
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.