Excluding a one-time restructuring charge of $4 million, Apple said that it would have earned $110 million, or 27 cents per share.
Revenue for the quarter was $2.35 billion, up 37 percent from $1.7 billion in the year-ago quarter.
Analysts surveyed by Thomson First Call had projected earnings of 18 cents a share on revenue of $2.15 billion.
For the current quarter, Apple gave an optimistic outlook, saying it expects revenue of between $2.8 billion and $2.9 billion, and earnings of 39 cents to 42 cents per share. The forecast topped Wall Street's earnings expectations of 28 cents per share on revenue of $2.52 billion.
Apple clearly dominates the market for portable music players though the list of rivals is constantly growing. The iPod accounts for about 92 percent of unit sales of hard-drive based players and more than 65 percent of the overall portable player category, according to Apple.
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