Apple posts record quarter on sales yesterday of 20 million iPhones, 9 million iPads (ars) Today Apple released the Mac Lion OS X, unveiled a new MacBook Air and updated its Mac Mini models. (CNet) Take a look at how little music means to their bottom line on this Apple Revenue Chart.

• Indie music publisher Bug is for sale with bids in the $330 - $430 million range due next week. (Bloomberg)
• Google+ iPhone App Surfaces in iTunes (NY Times) Get involved in Google+ now. An estimated 18 million users have signed up since the July 6th launch.

MORE:

• Guerrilla Union is partnering with Live Nation's House Of Blues for its hip hop festivals and tours including Rock The Bells, Paid Dues, Spring Gathering and Smokeout.
• First round bids for EMI are due in early August. 
• Interview with Vevo’s Rio Caraeff: “Music is one of the few things that can engage billions” (Midemblog)
• Rdio has an iPad app on the way. (Mashable)
• Bandcamp adds a robust shopping cart. (Bandcamp)