Asian stocks closed higher Tuesday, reversing two straight sessions of declines. But Japan finished almost unchanged on lingering worries about high oil prices and the full impact of the U.S. housing slump on its economy.
Apple beat Wall Street's targets with a 67 percent rise in quarterly profit, sending its shares rising further in after-hours trade.
Japanese stocks ended nearly flat, with Nikkei 225 Average edging up just 0.07 percent despite gains by exporters such as Sony as thin trade and a lack of incentives took a toll. Buying emerged on a sense that the market had fallen too far on Monday, when the Nikkei lost more than 500 points, but rises were limited as market participants awaited a flood of Japanese corporate earnings and U.S. economic data reports later this week.