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Jeff Zekauskas of JP Morgan asked why CapEx was high in 1Q16 and whether it is expected to drop in 2Q16. $DD CEO Ed Breen said 1Q is always the company's high quarter the way it accounts for it. He added that the company was 14% below last year and in 2Q16 there is a major drop-off in CapEx spending in the plan. $DD is on track to spend $1.1Bil.
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.