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Cloud services provider $RAX reported an increase in 1Q16 results. Net income was $48.8MM or $0.37 per diluted share in 1Q16 compared to $27.5MM or $0.19 per diluted share in 1Q15, helped by higher revenues. Revenues rose 7.9% to $518MM from last year. Non-GAAP EPS was $0.34 in 1Q16.
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.