Apple posted fourth quarter earnings of $1.42 a share on revenue of $42.1 billion. Wall Street analysts were looking for $1.31 on sales of $39.85 billion. Last year, the tech giant earned $1.18 per share on revenue of $37.47 billion. As for details, gross margin was 38% compared to 37% in the year-ago quarter. International sales accounted for 60% of the quarter’s revenue. Apple sold 39.3 million iPhone units, beating expectations of 38 million. They sold 12.3 iPad units versus expectations of 13 million. Apple sold 5.52 million Macs and 2.64 million iPods in the quarter. TheStreet's Gregg Greenberg has details from New York.