Apple Q1 2013 results; A mixed Bag

Apple Finally released their much anticipated fiscal Q1 2013 financials on Wednesday, and it is quite a mixed bag. Apple reported $54.5 billion in revenue (up 17.7% from the year-ago quarter), $13.1 billion in profit (flat from the year-ago quarter), and earnings of $13.81 per share. This comes at a time when speculations are ripe about falling iPhone 5 demand.