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Instead of dodging questions, Apple's new CEO Tim Cook broke his silence and candidly spoke about the much-hyped Apple TV on Tuesday.

Only about three months after Apple launched its iCloud service, it already boasts of over 85 million users, the company's Senior Vice President and Chief Financial Officer Peter Oppenheimer said during the Q1 2012 financial earning calls on Tuesday.

Cydia version 1.1.4 ensures extraordinary stability and speed, compared to the previous version.

Jefferies said that Apple's better than expected quarterly results is positive for Broadcom Corp. (NASDAQ: BRCM) and Avago Technologies Ltd. (NASDAQ: AVGO).

The owners of iPhone 4S and iPad 2 using Linux now can perform an untethered jailbreak on their devices as the Chronic Dev Team has released Absinthe version 0.3 with support for the 3rd operating system (Linux).

The companies expected to see active trade Wednesday are: Apple, Boeing, CA, Xerox, Automatic Data Processing, Netflix, General Dynamics, SanDisk Corp, Hess Corp, Abbott Laboratories, Abbott Laboratories, ConocoPhillips and Murphy Oil Corp.

Sony has confirmed they will begin shipping samples of an 8 megapixel module sometime in March.

The top after-market NASDAQ gainers Tuesday were: CA, Saba Software, Cirrus Logic, Apple Inc and TriQuint Semiconductor. The top after-market NASDAQ losers were: First Midwest Bancorp, Mercury Computer Systems, Approach Resources, NVIDIA Corp and Nektar Therapeutics.

Despite missing Wall Street's expectations during the third quarter of 2011, Apple made quite unexpected and almost impossible projections for the holiday seasons. All eyes were on Tim Cook and company with questions in mind whether Apple could deliver. Well, the results are out and it is a monster blowout.

Booming demand for the latest iPhone model helped Apple beat all phones using Google's Android platform in the U.S. smartphone market in the fourth quarter, data showed on Wednesday.

The new firmware has been launched to deliver better performances and fix reported bugs for all iOS devices.

Apple Inc's quarterly results blew past Wall Street's expectations after U.S. consumers snapped up near-unprecedented numbers of iPhones and iPads, sending its shares up 8 percent into record territory.

The iPhone 5, expected to be released this year, could possibly integrate Lytro's groundbreaking light field camera as per the latest report.

Nearly one million people have jailbroken their iPad 2 and iPhone 4S devices since Friday thanks to a recently released untethered jailbreak, according to a report.

The magic of Steve Jobs may be absent in his successor Tim Cook but Cook's leadership is working well in Apple. On Tuesday, the tech giant has announced that its net profit has more than doubled to $13.06 billion in the fiscal first quarter. The Holiday sale of 37 million units of iPhone and 15.4 million units of iPad sale were seen as the biggest contribution towards the outstanding profit in the holiday quarter. No wonder, iPhone and iPad account for 72% of Apple's total revenue.

Late Apple co-founder Steve Jobs reportedly met with Ren Ng, the inventor of the revolutionary Lytro Camera, shortly before his death. Could a marriage between the two high-tech companies work?

Stocks edged lower on Tuesday, ending a five-day rally for the S&P 500, as talks to resolve Greece's debt crisis hit a snag and earnings from a number of blue chips disappointed investors.

Apple Inc's quarterly results blew past Wall Street's expectations as U.S. consumers snapped up near-record numbers of iPhones and iPads, sending its shares up 8 percent.

AT&T is expected Thursday by analysts to report net income of 44 cents a share, down 20 percent from 55 cents a share.

Apple, the most valuable technology company, reported its most profitable-ever first quarter Tuesday. Buoyed by the new iPhone 4S, consumers rushed to the company’s 361 stores, as well as wireless carriers for the new phones.

Just as iPhone 4S and iPad 2 posted record sales in their debut weekends, Absinthe A5 untethered jailbreak for iPhone 4S and iPad 2 running iOS 5 or 5.0.1 has become mega-popular - according to an iPhone Dev team blog post, at least 950,000 A5 untethered devices accessed Cydia app store between Friday and Monday afternoon, reflecting the pent-up demand for the A5 untethered jailbreak. The A5 jailbreak was released on Friday.