Reminder: Apple Q1 Financial Results Today – 5 PM ET

Later today starting at 5:00 PM ET (2:00 PM PT) Apple will hold the Q1 2011 earnings call to announce their financial results, shortly after the markets close. An audio-only live streaming will be available at www.apple.com/quicktime/qtv/earningsq111/. We will offer a breakdown of the results and have a post in the homepage with continually updating notes from the earnings call.

Apple is expected to post blockbuster sales from the holiday season, with iPads and iPhones to lead and the new MacBook Airs to follow. In the last quarter, Apple posted record iPhone and Mac sales with 14.1 million iPhone sold, 3.89 million Macs and 4.19 million iPads.The company posted record revenue of $20.34 billion and net quarterly profit of $4.31 billion.

Apple CEO Steve Jobs announced yesterday that he’s taking another medical leave of absence to focus on his health.