Apple announced that GarageBand, its breakthrough music creation app, is now available for iPhone and iPod touch. Introduced earlier this year on iPad, GarageBand uses Apple’s Multi-Touch interface to make it easy for anyone to create and record their own songs, even if they’ve never played an instrument before. GarageBand 1.1 for iPad, iPhone, and iPod touch is available on the App Store for $4.99 (US) to new users, or as a free update for existing GarageBand for iPad customers.

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Vogue’s “Need It Now” column features the new Cards from Apple, which lets users create and mail beautifully crafted cards personalized with their own text and photos from their iPhone or iPod touch. Each card is just $2.99 when sent within the U.S. and $4.99 when sent to or from anywhere else — postage included. Vogue calls the Cards app “nothing short of genius” for reviving the almost forgotten pleasure of receiving a “real, honest-to-goodness paper greeting card in the mail” and concludes: “This is the kind of vintage innovation we would all do well to download.”

Just in time for the holidays, Apple’s fifth Manhattan store opens for business at New York’s world-famous Grand Central Terminal at 10 a.m. on Friday, December 9. The store overlooks the historic Main Concourse and features two Genius Bars, entire rooms dedicated to Personal Setup and Personal Training, and an expert team of 315 employees. Holiday shoppers can test-drive Apple products, attend 15-minute Express workshops, get free technical support, and more.

StudioDaily’s Beth Marchant reports on “key features” delivered in Final Cut Pro version 10.0.3. Marchant interviews Radical Media CTO Evan Schechtman — an early adopter of Final Cut Pro X — who calls version 10.0.3 “an even bigger deal than the original release,” noting that his company is “ready to transition completely to Final Cut Pro X now that broadcast monitoring and multicam editing are in the mix.”

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Apple today announced financial results for its fiscal 2012 first quarter, which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads, and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

Wired Magazine reports that Newsstand, a new feature of iOS 5, is “hitting it big with traditional media publishers thanks to its windfall delivery of new digital subscriptions.” Newsstand keeps all app subscriptions for newspapers, magazines, and journals in one convenient place on the iOS 5 home screen and makes it easy to shop for new reading material. Wired cites Conde Nast and The New York Times among publishers seeing large spikes in app subscriptions since Newsstand launched.

In an interview at National Geographic’s Adventure blog, director Tim Kemple of Camp 4 Collective — an outdoor video and film production company — describes using iPhone 4S to shoot a hi-def music video at the Great Salt Lake as an experiment in remote location capture. Kemple reports getting excellent video from iPhone 4S, noting that “because it’s always with you means you end up using it when you’d least expect.” The interview includes tips for stabilizing shots, optimizing for iOS 5 features, using helpful apps in extreme environments, and shooting in low light.

Bloomberg’s Peter Burrows reports that Apple is making rapid headway selling into corporations — especially financial services and pharmaceutical firms. Burrows writes that Apple’s corporate sales are being driven chiefly by iPad, which “has become a standard business tool.” The article quotes Matt Wallach, co-founder of Veeva Systems, who says: “I’ve seen a lot of devices come and go over the years. Nothing touches the speed of adoption of the iPad.”

Throngs of Giants fans celebrated in Manhattan on Tuesday at the parade and ceremony honoring the team’s Super Bowl win.

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In a CNET Editors’ review, Jason Parker gives the new GarageBand for iPad, iPhone, and iPod touch 5 out of 5 stars, citing the app’s “uniquely designed and authentic-sounding instruments, smart touch interface, and tools that make song creation easy.” He adds: “Anyone with even a passing interest in creating music should download GarageBand for iOS. Frankly, we wish we could give it more than five stars for the virtually unlimited song possibilities, ease of use, and excellent touch-screen controls.”

Reviewing iPhone 4S at TechCrunch, columnist MG Siegler finds much to like, including its faster speed, improved camera, iOS 5 with Notification Center, and Siri, which he calls “the true killer feature of the device.” He adds: “The iPhone 4 was a great product. The best smartphone ever made. Now it cedes that title to the iPhone 4S.”

Apple today announced an all-new iTunes U app, giving educators and students everything they need on their iPad, iPhone, and iPod touch to teach and take entire courses. The all-new iTunes U app lets teachers create and manage courses — including essential components such as lectures, assignments, books, quizzes, and syllabuses — and offer them to millions of iOS users around the world. The app also gives iOS users access to the world’s largest catalog of free educational content from top universities including Cambridge, Duke, Harvard, Oxford and Stanford. And starting today, any K-12 school district can offer full courses through the iTunes U app.