Record second quarter revenue of $24.67 billion with net profit of $5.99 billion

International sales accounted for 59 percent of the quarter’s revenue.

Mac sales up 28%. Apple sold 3.76 million Macs.

Helped by the popularity of the Macbook Air and the Macbook Pro refresh.

18.65 million iPhones. Up 113% year over year.

iPod sales were down 17% at 9.02 million units.

Apple only sold 4.69 million iPads, down from about 7 million in the prior quarter.

Coming off strong Holiday quarter

Anticipation of iPad 2 followed by constrained iPad 2 Supplies

iSuppli says shortages due to display and speaker components

Apple reportedly added 2 new display suppliers to meet demand.

Cook stated in the Q&A they are confident they will be able to produce large numbers of iPad 2's in the 3rd quarter.

iTunes generated 1.4 billion in revenue. Mostly off iOS app sales.

From a blog post by Engadget's Joshua Topolsky

they mocked up an iPhone design based on info they are getting.

redesigned, more like iPod Touch with metal back

tapered thick to thin top to bottom

edge to edge screen

gesture area around the home button. Larger home button?

Larger 3.7" screen, but slightly less pixel density. 312 ppi vs. 326 ppi of iPhone 4

Still technically retina. Anything over 300 ppi can't see the pixels at 12" viewing distance.

Using new bonding techniques to eliminate most of the bezel.

Wireless charging and NFC are also reportedly being tested.

Apple exploring how to hide sensors, earpiece, and speakers behind the glass.

Qualcomm’s dual GSM / CDMA Gobi chipset to make a true "global" iPhone

Will simplify models, not separate ones for different carriers

The piece does point out this is all speculation based on alleged reports from people seeing prototype units in testing. Read as "specs and features subject to change".

Don't expect LTE until at least 2012. Apple still not happy with chipset performance. Basically reiterated by Tim Cook in the quarterly conference call.

Chips require design changes that Apple isn't willing to make

Apple wants 1 chip for 3G and 4G. Current 4G phone require 2 chips for backward compatibility.

Engadget posted pictures of a white iPhone they claim was sold by Vodafone in the UK

A memo reportedly went out after telling store to stop.

Rumors of the device showing up in the Vodafone inventory system for an April 27th sale date.

9 to 5 also reports it in the Best Buy system with the same release date.

Redesigned proximity sensor hole.

Open slit below the earpiece hole. Prior designs had a perforated series of holes

Also reports surfacing this weekend that Apple might be filed testing iPhone 4 units on the T-Mobile network.

9 to 5 Mac has rumors of reseller getting notice of constrained iMac supplies

apple online store also dropped the 21.5 ship time in the UK to 2-3 days.

US still shows 24hrs.

Expected to be a refresh

Sandy bridge processors

Thunderbolt ports

Also rumors for similar updates to the MacBook Air coming in June.

low- or ultra-low voltage models of the Core i5 and i7

thunderbolt ports

Just for good measure, also new Mac Pros

9 to 5 reports it s a prototype.

Redesigned case to fit in a 3u rack

Same revs, thunderbolt, new processors, etc.

Stacked drives for more storage density.

The press had a field day with this story.

Let's break it down

The iPhone collects data from cell towers and wifi hotspots and stores that data in an SQL Lite file on your phone

That file is also included in your iPhone backup

That file in unencrypted and can be extracted from the backup or directly off the phone (via Jailbreak)

This is not new. But has Apple changed what it's doing with the data?

In July 2010 Apple sent a letter to Reps. Edward J. Markey (D-Mass.) and Joe Barton (R-Texas) responding to questions about this data

Starting in iOS 3.2 Apple has was collecting this data to build a DB of know cell tower and wi-fi hotspot locations

Prior to that they used data from Skyhook Wireless and Google

The data was batched and encrypted and sent to apple over wi-fi every 12 hours.

What's in the data

Not exact GPS coordinates of your phone, but the coordinates of the cell towers and hots spots

Stored for cache reasons to be used in location based apps

Android has similar files, but a bit harder to access, because you need to "root" the phone.

Security experts feel Apple should be encrypting the data

The TOS, you agreed to this

Apple and its partners and licensees may provide certain services through your iPhone that rely upon location information. To provide and improve these services, where available, Apple and its partners and licensees may transmit, collect, maintain, process and use your location data, including the real-time geographic location of your iPhone, and location search queries. The location data and queries collected by Apple are collected in a form that does not personally identify you and may be used by Apple and its partners and licensees to provide and improve location-based products and services. By using any location-based services on your iPhone, you agree and consent to Apple’s and its partners’ and licensees’ transmission, collection, maintenance, processing and use of your location data and queries to provide and improve such products and services. You may withdraw this consent at any time by going to the Location Services setting on your iPhone and either turning off the global Location Services setting or turning off the individual location settings of each location-aware application on your iPhone. Not using these location features will not impact the non location-based functionality of your iPhone. When using third party applications or services on the iPhone that use or provide location data, you are subject to and should review such third party’s terms and privacy policy on use of location data by such third party applications or services.

My opinion

This is being blown way out of proportion.

This isn't that "personal of data" and you need physical access and some skills to the device to extract it.

Protect yourself. Passcode lock your iPhone and password protect you Mac.

Encrypt your iPhone backup file.

I am a little unsure about the data being sent to Apple

They do need to explain if it contains any identifying data, in 2010 they said it didn't.

iAds also sends data separate from this, but with that you can opt-out.

Androids data is also transmitted back to Google and DOES contain a unique identifier that could be linked back to a user.

Apple's lack of an official response isn't showing good faith, makes it seem like they are hiding something.

Conflicts with Job's public statements about respecting customers privacy when it comes to location.

Get the app to see what your data reveals about you.

iPhoneTracker

Eddy Cue, Apple’s vice president of Internet Services, (iTunes, MobileMe) was reportedly in NYC on Friday to close streaming deals with the labels.

According to D All Things Digital, Apple already has Warner Music Group on Board and will likely sign EMI soon.

Sony and Universal would be next

Apple would likely offer a cloud storage service for music purchased through iTunes.

Apple needs deals because currently the music industry requires a royalty payment every time a track is downloaded or streamed (there isn't a distinction).