5:55 p.m. Mr. Cook, in his understated Southern drawl, shows how comfortable he is with the nitty-gritty of supply chain particulars, commenting on how most components "are expected to fall in line with historical trends."

5:56 p.m. Apple's stock actually reached the magical $600 level in the after hours -- MarketBeat has a screenshot of the after-hours "pop."

5:57 p.m. Analyst: What are you doing to develop the relationship between Apple and enterprise customers?

Mr. Cook says that 94% of the Fortune 500 test or deploy the iPad, and somewhere around 70% of the Global 500 are testing or deploying the iPad.

5:59 p.m. Analyst: I'm deducing from your revenue guidance and remarks on gross margins that iPhone sales will be down about 10 million units. Is my math right and are you being conservative?

Mr. Oppenheimer doesn't really directly answer the question but confirms that they do expect iPhone sales to decline sequentially.

6:00 p.m. That's a wrap! Thanks for joining us.

6:04 p.m. What song does Apple play on the way out?

"Happy" by Alexia. Fitting. Here's the chorus:

Happy

It's so nice to be happy

It's so nice to be happy

It's so nice to be happy