Apple has revealed its Q1 2013 financial results today, reporting of a record breaking $13.1 billion in profit on $54.5 billion in revenue - compared to Apple's earnings of $13.06 billion in profit on $46.33 billion in revenue from last year's quarter. The company sold 47.8 million iPhones compared to 37 million last year, and 29.9 million iPads compared to 15.43 million sold last year. Tim Cook blames supply constrains of its new thin iMacs for reporting poor Mac sales this quarter of 4.1 million, compared to 5.2 million Macs it sold last year.

We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” said Tim Cook, Apple’s CEO. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.

Cook stated that Apple is working on numerous new and exciting products in the pipeline. When asked about an Apple-made TV, Cook once again shared that it remains an area of intense interest for Apple.

That said, investors aren't happy about Apple's financial results as AAPL stock plummets well below $470 in after-hour trading. Tim Cook and Peter Oppenheimer have answered questions asked by analysts in today's earnings call. More after the break.