The company has sold more than 120 million iPods since the product debuted in 2001.
In the three months that ended September 30, Apple said Monday it earned $904 million, or $1.01 per share, compared with $542 million, or 62 cents per share, in the year-ago quarter.
Apple easily beat the expectations of analysts polled by Thomson Financial, who predicted earnings per share of 86 cents on sales of $6.07 billion.
Revenue totaled $6.22 billion, compared with $4.84 billion in the same quarter last year.
Apple's stock price, which has more than doubled since January, rose $3.94, or 2.3 percent, to close at $174.36. After the earnings report, shares climbed about $12, almost 7 percent, in extended trading.
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