Apple earned $410m, or 47 cents a share, during its most recent quarter ended April 1, compared to $290m, or 34 cents, a year ago.

Revenue rose nearly 35% to $4.36bn. Nearly half, or 39%, of revenues were driven by iPod sales. Apple sold 1.11 million Macs during the quarter, almost 4% more than a year ago.

However, Wall Street had hoped for $4.54bn in revenue. No matter. The company’s stock rose by more 4% to $68.64 in after-hours trading on the Nasdaq.

Looking ahead, the Cupertino, California-based company said it expects current quarterly revenues of between $4.2bn and $4.4bn, with earnings from 39 cents to 43 cents.

CFO Peter Oppenheimer said Apple’s retail sales folk didn’t discourage customers from waiting until the Intel models arrive.