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$QCOM's 1Q16 effective tax rate of 13% was less than the estimated annual effective tax rate of 17%. This was mainly due to the retroactive reinstatement of the US federal R&D tax credit, which was permanently reinstated during 1Q16 retroactively to Jan. 1, 2015. Due to the reinstatement, the company recorded a tax benefit of $79MM during 1Q16.
Samsung’s S8 will have 6.2 inch curved screen and iris scanner to take on $AAPL, according to leaked report.
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.