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.

This past Wednesday, Apple announced its financial results for its fiscal 2009 first quarter ended December 27, 2008, in which they reported the best quarterly revenue and earnings in Apple History. The company sold 2,524,000 Mac computers, a record 22,727,000 iPods, and 4,363,000 iPhones. This amounted to the record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share, all of which seems to counter news of Microsoft and Intel announcing layoffs amid a drop in profits, but does that really mean Apple is “recession proof?”

We’ve already summarized the Apple earnings call for you, but now the call has been transcribed for your reading pleasure by the good folks at SeekingAlpha.

To start off the call, Peter Oppenheimer gave us the run down on all of the important details.

First, we sold more Macs than we have in any other quarter in Apple’s history. Second, we sold more iPhones in the September quarter than in all previous quarters combined. Third, we sold more iPods than in any prior non-holiday quarter and finally, we generated more revenue and earnings than in any previous September quarter in Apple’s history.

It’s also quite evident that Apple’s iPhone is doing well; even better than expected, actually.

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 »

This Monday, July 21st, Apple will be report its FY 08 third quarter results via conference call. The call will take place at 2:00 PDT (5:00 EDT). Interested viewers can also listen in on a live audio webcast, which will be accessible through Apple’s website. Viewers simply need a copy of QuickTime 6 or QuickTime more »