As we reported yesterday, Steve jobs and his Apple crew are probably riding high on the company’s financial results for its fiscal 2010 fourth quarter ended September 25, 2010. It was another good quarter, with Apple posting a record revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share. Comparing this with the results of the same quarter last year will make you feel like Apple is getting all the money in this world. Last year’s quarterly profit was only at $2.53 billion or $2.77 per diluted share.

It’s that time of year again when Apple holds their quarterly earnings call. As usual, this call was full of interesting and large numbers. To start, Apple was able to reach $20.34 billion in revenue this quarter, with $4.31 billion in profits. These numbers were helped by the surprising amount of products Apple sold this quarter. Here they are: 3.89 million Macs, 14.1 million iPhones, 9.05 million iPods, and 4.19 million iPads. Wow.

Apple announced another great financial quarter yesterday: $3.07 ba-ba-ba-billion of profit on sales of 8.75 million iPhones, 10.89 million iPods, and 2.94 million Macs for the best non-holiday quarter ever. And who came closest to predicting this blowout? Professional analysts who are paid handsome salaries to advise investors? Nope. Bloggers.

In Apple HQ, the phrase “credit crunch” is seldom heard. Why? Because again, Apple has had its best non-holiday quarter to date. Despite fewer iPods leaving the shelves, sales in Macintosh computers and iPhones were the highest yet for the Spring quarter, which saw revenue of $8.34 billion and a net profit for the quarter of $1.23 billion. As technology moves forward, it is clear that Apple intends to be leading.

Apple had yet another phenomenal quarter, selling 11 million iPods, 6.8 million iPhones, and 2.6 million Macs this time around. Apple posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share. This is up from $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted more »

And so it goes with Wall Street. Half an hour before Apple’s MacBook event today, Apple was trading at $109.80 (down 0.46). We’re now half an hour after the event, and AAPL is down -5.39 to 104.87. This tends to be the trend with Wall Street, though where Apple almost always drops after a keynote. more »

Late last week, a false report that Steve Jobs had been rushed to the hospital following a heart attack sent lemming investors to sell AAPL, driving the stock price down to $97.07, its lowest since before the original iPhone release. Now the SEC (Securities and Exchange Commission) is looking into the report as intentional stock more »

I have lost all faith in the media and in the sanity of stockholders today, after a citizen report on CNN’s iReport website claimed an anonymous source said that Steve Jobs had been hospitalized following a heart attack. And then, based upon that, AAPL fell as much as 5.4% to $94.65, its lowest in quite more »

Apple stock (AAPL) dropped nearly 18% yesterday, reaching their lowest level in over a year. The tumble came after RBC Capital Markets analyst Mike Abramsky and Morgan Stanley analyst Kathryn Huberty each cut their ratings on Apple’s stock in anticipation of slower earnings growth for the current quarter and fiscal year. They believe the continuing downturn in the economy will see fewer consumers spending the premium for Macintosh computers, and will instead focus on the sub $1,000 PC market, which Apple currently avoids.

But, if you have plans to call your analyst today, it may be wiser to buy, than to sell, according to Computerworlds Seth Weintraub.

Former Apple General Counsel Nancy Heinen is done with her end of Apple’s backdating scandal, but at a cost. Heinen, who was charged last year at the federal level by the Securities and Exchange Commission, has agreed to pay $2 million, in addition to not being able to serve as an official of any public more »