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.”

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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.

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...

PBS 9 p.m. EST/8 p.m. CST The hit British show has to do damage control after last week's episode, in which all the characters referred to the fighting in France as "World War I."

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.”

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.”

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In a recent editorial in the journal Nature, researchers from the University of California–San Francisco suggested that as a toxic substance, sugar should be taxed and regulated like alcohol or tobacco.

NBC 10 a.m. EST/9 a.m. CST David Gregory finally remembers to bring in a framed photograph of his wife and kids to put on the table.

Apple today announced iBooks 2 for iPad, featuring iBooks textbooks, an entirely new kind of textbook that’s dynamic, engaging, and truly interactive. iBooks textbooks offer iPad users gorgeous, full-screen textbooks with interactive animations, diagrams, photos, videos, and unrivaled navigation. Leading education services companies including Houghton Mifflin Harcourt, McGraw-Hill, and Pearson will deliver educational titles on the iBookstore, with most priced at $14.99 or less. And with the new iBooks Author, anyone with a Mac can create iBooks textbooks and publish them to Apple’s iBookstore. Starting today, iBooks 2 is available free from the App Store and iBooks Author is available free from the Mac App Store

Students at Punahou School in Honolulu, Hawaii, are using Mac notebooks to research class assignments and show results in ways they never could before. These include songs and podcasts recorded and edited in GarageBand, digital presentations and portfolios created in Keynote, campus news videos edited in iMovie and Final Cut Pro, and even iOS apps built using Xcode. Says sixth grade teacher Sandy Chang, “The Macs in my classroom are completely indispensable.”

Potential support from California and New York would come in exchange for tightening provisions in order to preserve the right to investigate past misdeeds by the banks, and stepping up oversight.

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The United States shutters its Syrian embassy as violence grows | Fatah and Hamas form an interim Palestinian government.

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.

Boy, it feels like I just went to bed. I must've hibernated on my back all weird or something. What a dream, though, wow. I wonder what time it...

Ron Paul’s political views are unusual, and, as a closer look at his life reveals, unusually constant, shaping not only his career in Congress but also how he has lived his life.

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. ”

TAMPA, FL—After finishing last in this week's Florida primary, Republican presidential candidate Ron Paul told reporters his poor showing in the polls was caused by the prohibitively expensive cost of the poster board, markers, and tape he uses to c...