Apple today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

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.

Apple today announced that iPhone 4S will be available in China and 21 additional countries on Friday, January 13. iPhone 4S features Apple’s dual-core A5 chip for fast performance and stunning graphics; an all-new 8-megapixel camera with advanced optics; full 1080p HD-resolution video recording; and Siri, an intelligent assistant that helps you get things done just by asking. “Customer response to our products in China has been off the charts,” said Tim Cook, Apple’s CEO. “With the launch in China next week, iPhone 4S will be available in over 90 countries, making this our fastest iPhone rollout ever.”

Apple today released Final Cut Pro X version 10.0.3, a significant update to its revolutionary professional video editing application. Version 10.0.3 introduces Multicam Editing, which automatically syncs up to 64 angles of video and photos; advanced chroma keying for handling complex adjustments right in the app; and enhanced XML for a richer interchange with third-party apps and plug-ins that support the fast growing Final Cut Pro X ecosystem. It also includes a beta version of Broadcast Monitoring that supports Thunderbolt devices as well as PCIe cards. Final Cut Pro X version 10.0.3 is available from the Mac App Store for $299.99 (US) to new users, or as a free update for existing Final Cut Pro X customers.

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.”

WASHINGTON—According to Capitol Hill sources, Rep. Bobby Schilling (R-IL) came to the painful realization this week that agribusiness lobbyist Stephen Fischer, who had been kind and generous toward him for months and had often met up with him for dr...

The FDA urges Americans to check out a really weird-looking potato, a suitcase looks forward all year to the carousel ride, and Syria is running dangerously low on citizens to oppress.

USA Today reviewer Edward C. Baig describes his experience using the first Multi-Touch digital textbooks published for the iBooks 2 for iPad app, noting that they are “engaging in ways that were simply not possible with the textbooks I grew up with.” Baig likes the portability, updatability, and low pricing of iBooks 2 digital textbooks and touts specific features like instant search, highlighting, bookmarking, and interactive graphics. Writes Baig, “It’s better to see an animated tour of the genome in E.O. Wilson’s Life on Earth than just to read about it. ”

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.”

The rival Palestinian movements Fatah and Hamas said on Monday that they had formed an interim unity government led by Mahmoud Abbas, the Palestinian Authority president.

The Benetton Group, headquartered in Venice, Italy, is internationally known for its lively fashions and memorable ad campaigns. Recently, they created a fast, color-accurate iPad catalog app that replaces bulky, production-intensive hardcopy catalogs. As a result, the company saves 60 days per year in preparing its sales materials for its staff and is able to adapt instantly to changes.

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.”

Obama campaign aides are spending their time, they say, looking for Mitt Romney missteps, and they have been rewarded.

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.

HOUSTON—Marking a momentous leap forward in humankind's understanding of the universe, NASA scientists announced today they had received a radio transmission confirming the existence of intelligent, extremely condescending life in a galaxy nearly 13...

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.”

A 48-year-old West Palm Beach millionaire and polo club founder has adopted his 42-year-old girlfriend in an apparent bid to avoid paying out a wrongful death lawsuit.

FINDLAY, OH—Two hours after she woke up, Madeline Tarver, 16, crawled back in bed just to keep her mom on her toes.

The United States Constitution was once a model for charters around the world, but its influence is waning, according to a new study.

Blog post and video from Microsoft Digital Crimes Unit about company efforts to stop the Rustock spambot.

TAMPA, FL—New Tampa Bay Buccaneers coach Greg Schiano explained to reporters Friday his decision to leave Rutgers, saying the mid-Florida football team offered his family the privacy and anonymity he missed during his years in the Rutgers spotlight.