Apple earnings for Q4 2009 exceeded expectations and were boosted by iPhone and Macintosh computer sales. The China and South Korea iPhone launches contributed to the 8.7-million handsets sold worldwide last quarter. Shares “crept up less than 1 percent in extended trading after ending the regular session Monday ahead $5.32, or 2.7 percent, at $203.07.”
Mac sales were also strong, and while the 21 million iPods Apple sold marked an 8 percent decline, analysts were expecting it. Sales of the iPod have suffered as the iPhone, which has iPod features built in, has grown in popularity.