At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Apple (Nasdaq: AAPL) sets a new industry high reporting quarterly sales of $46.3 billion -- passing up Hewlett-Packard (NYSE: HPQ) revenue figures for the first time.
  • Yahoo! (Nasdaq: YHOO) continues to struggle on ad revenue declines. The company's fourth-quarter revenue fell to $1.17 billion for the period.
  • Advanced Micro Devices (NYSE: AMD), facing problems of its own last quarter, posted a loss of $177 million for its fourth quarter.  

Fool contributor Tamara Rutter owns shares of Apple. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Yahoo! and Apple. Motley Fool newsletter services have recommended buying shares of Yahoo! and Apple, as well as creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.