Apple announces Q1 2013 earnings: record $54.5 billion in revenue, 47.8 Million iPhones and 22.9 Million iPads sold

Yesterday was Google, tomorrow is Microsoft -- stuck in the middle? Apple. The unholy trinity of tech are going back-to-back-to-back with their quarterly earnings reports and Cupertino, faced with a steeply declining stock price, posted $54.5 billion in revenue -- just shy of Wall Street estimates. Still, that represents a record quarter for the company which has been rumored to be facing diminished demand for its flagship iPhone. While it may be a while til we know for sure if demand for the ha...