6:01 p.m.: Call is over.
6:00 p.m.: Cook talking about carriers, he says carriers have come up with different sales programs to ones who want to upgrade their phone annually, and those programs likely reduce the subsidies somewhat.
He says we have a great relationships with carriers and believes they were very happy with the iPhone 5S and iPhone 5C roll out.
5:56 p.m.: Cook says versus last year, one key difference between Mac sales is that they shipped later last year than they will this year.
Cook also says that when the iPad Air launches this weekend, he expects demand to be high. He says "It may be not everyone can find one that wants one."
5:50 p.m.: "iPhone 5S ended quarter with a very significant backlog, we still have a significant backlog," Cook says.
5:48 p.m.: Cook is talking about all the free software upgrades Apple is now offering.
"Just another reason that everyone should buy a Mac," Cook says.
5:46 p.m.: "I think it's going to be an iPad Christmas," Cook says.
5:46 p.m.: Cook talking about tablet market, "We see it as a large opportunity to us."
Cook says announcement last week of new iPad line was largest iPad announcement ever. He stresses that big market share is not the end game though, says Apple is focused on creating the best product and customer loyalty.
5:43 p.m.: "We will endeavor to get down cost curves as we have in the past."
5:41 p.m.: Apple says working really hard to get down cost curves of products...
5:38 p.m.: Cook says Apple is investing in more stores in China, continuing to go out to more cities, not just large cities.