Apple has just announced its Q1 2010 earnings, and as expected, they’re very good. I’ll get to the numbers in a second, but perhaps more notable are two Steve Jobs quotes in the release:

“If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company.”

and

“The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.”

I think we all know what that means.

In terms of the financials for the quarter itself, Apple continued strong momentum in terms of Mac and iPhone sales, while iPod sales continued to slip. The iPhone numbers are the most impressive: 8.7 million iPhones in the quarter, a 100 percent unit growth over the year-ago quarter — and up 17.6 percent from the previous quarter. Meanwhile, Apple sold 3.36 million Macs, which was a 33 percent increase over the year-ago period. iPod sales totaled 21 million, which was down 8 percent versus a year ago.

The live earnings call starts in a few minutes. I’ll be taking notes below live.

Read the original article at Tech Crunch:
Jobs On Q1 2010 Results: Apple Now A $50+ Billion Company — Major New Product This Week