Apple financials live blog

Mac sales are way up, iPods are down slightly, iPhone sales doubled and Apple set a revenue all time high becoming, as Steve Jobs put it, a $50 Billion dollar company.

6:00 All over...

5:50 EDU sales up 16%

5:45 We're not hearing anything interesting here...

5:40 When asked about the tablet, Peter Oppenheimer: "Stay tuned"

5:35 App store satisfaction.  Tim Cook approval process to safeguard customer experience

5:30 No comment on Nokia suit

5:25 *Dancing around questions about the future...

5:23 Gene Munster -Mac growth rate is twice the market.  Tim Cook - might not stay that way.  Mac sales doubled in China.  "Best products..yada yada"

Munster - AT&T?  Cook - we still love them.  Apple has reviewed AT&T's plans and is confident that they will make a difference.

5:22 Q&A

5:20 EPS 2.06 - 2.18

5:18 ...still new principals .... see them at http://apple.com/investor

5:15 New accounting principals explained zzzzzz....

5:14  Cash $39.8 billion up $5.8 Billion

5:12 Total 283 stores in 10 countries

5:11 70% Fortune 500 use iPhone, that's double of 1 year ago

5:10 iPods declined year over year but iPod touches increased.  1% revenue growth.  We're getting most of the stuff from the press release.

5:08 Portables increased 8% year over year, iMacs well received (except 27 inch issues?)

5:07 3.35 million Macs, revenue $15.68 Billion, profit: $3.38 Billion

5:06 Peter Oppenheimer "best quarter ever, new accounting principals

5:05 Classical music...someone must be stuck in traffic