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Apple Inc. on Tuesday reported record revenue of $26.74 billion, beating Wall Street's forecast of $24.4 billion after a bumper holiday shopping season.

Apple reported another record quarter, with revenue hitting $26.74 billion, above the most optimistic Wall Street estimates of about $25 billion. The iconic technology company posted $6 billion in profit, or $6.43 per share.

Apple Inc reported better-than-expected results, fueled by blockbuster holiday sales of the iPhone and iPad that may help ease investor concern about Chief Executive Steve Jobs' decision to take medical leave.

U.S. prosecutors have charged two men with stealing and distributing email addresses for about 120,000 users of Apple Inc's popular iPad.

Apple Inc., the world's most valuable technology company, is set to report earnings for its Q1 of 2011 after the close. While focus on Steve Jobs' health and leave of absence will likely put pressure on Apple shares, analysts believe the Apple's quarterly performance is still intact.

As Apple shares are plunging due to Steve Jobs' renewed health concerns, some Street analysts think it is a good buying opportunity to accumulate shares.

Companies will buy more than 10 million tablet computers this year, consultancy Deloitte said on Tuesday supporting recent research from Gartner which sees the global market for Apple's iPad, rising to 55 million devices this year from 19.5 million in 2010.

The health of Apple Chief Executive Steve Jobs was set to overshadow quarterly sales numbers on Tuesday from the consumer electronics powerhouse, whose iPhone and iPad excited holiday shoppers.

It has been a long journey since Steve Jobs came up with the name Apple Computers but the company now known as Apple has become synonymous with the man. Pundits have often predicted that Apple will fail without having Jobs at the helm.

Apple is set to report earnings today, and analysts are expecting revenue to jump to as much as $24 billion, a rise of 55 percent over the year-ago quarter. But the thought of the company without Steve Jopbs is casting a pall over the good news.

Apple Inc is set to report a stunning 50 percent jump in quarterly sales on Tuesday, as its iPhone and iPad excited holiday shoppers, but the consumer electronics powerhouse may face more pressing questions about the health of iconic chief executive Steve Jobs.

Hedge fund manager David Einhorn -- an Apple investor -- said in December that one shouldn't worry too much about CEO Steve Jobs' health at these cheap valuations.

Most iPad users prefer free content or ad-supported apps.

Steve Jobs has changed the course of personal computing during his two stints as chief executive of Apple, while his idiosyncratic style and the iconic iPod, iPhone, iPad and Mac have made him a household name.

Apple shifting from Infineon to Qualcomm for a new processor.

Apple's CEO Steve Jobs has announced that he is going on medical leave, in an email to the iPad maker's employees, giving weight to a proposal for a CEO succession plan being pushed by some shareholders.

Steve Jobs, the CEO of Apple Inc. (AAPL), has taken medical leave to focus on his health. In his absence, Chief Operating Officer Tim Cook will be responsible for day to day operations.

Apple's next edition of iPhone and iPad are due to feature the new ARM Cortex A8 processor with SGX543 architecture.

Apple running a contest in honor of the 10 billionth app downloaded with the winner getting $10,000 to the iTunes store.

CES 2011 is over but Motorola Xoom still continues to wow the media, even as reports tumble out that the Xoom can act as a weatherman too but RIM is closing in with its PlayBook which received rave reviews at the event.

The tablet industry took a chunk out of PC shipments in the fourth quarter according to two separate reports.