Shares of Apple (AAPL) this afternoon have been halted in advance of the company’s fiscal Q1 report.

Analysts are modeling $54.98 billion in revenue and $13.48 per share in profit.

Update: Apple is reporting revenue of $54.51 billion, and EPS of $13.87 per share.

Despite what appeared to be a trade-halt notice, the shares are still changing in after hours, currently down $24.31, or almost 4%, at $489.63.

The company sold 47.8 million iPhones in the quarter, missing the most bullish estimates for 50 million, and sold 22.9 million iPads, roughly in line with most estimates.

Mac computer sales came in at 4.1 million units.

Gross margin in the quarter came in at 38.6%, above the company’s 36% forecast and roughly in line with consensus.

Apple ended the quarter with $137.2 billion in revenue and short- and long-term investments.

CEO Tim Cook remarked, ““We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter. We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

For the current quarter, the company sees revenue in a range of $41 billion to $43 billion, below the consensus $45.9 billion. Apple did not provide an EPS estimate for the quarter. Gross profit margin is forecast in a range of 37.5% to 38.%.

Apple management will host a conference call with analysts at 5 pm, Eastern time, and you can catch the webcast of it here.

The shares are now down $27 or 5.5%, at $487.