Apple Inc.'s fiscal first-quarter net income rose 1.9 percent on strong iPod sales, and shares jumped 9.8 percent to $90.92 in after-hours trading as the results topped Wall Street's expectations.

The stock price had fallen in the past week on concerns about Chief Executive Steve Jobs's health.

Sales of Apple's iPod were stronger than analysts had expected in the holiday quarter, but iPhone sales appeared soft.

Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history - surpassing $10 billion in quarterly revenue for the first time ever, Mr. Jobs said.

The company climbed 9.7 percent to $90.80, and gained as much as 11 percent following the company's report of a fiscal first-quarter profit of $1.61 billion, or $1.78 a share, on revenue of $10.17 billion.

A year ago, earnings were $1.58 billion, or $1.76 a share, on revenue of $9.6 billion. A poll of analysts surveyed by FactSet Research projected earnings of $1.39 a share on $10.16 billion in revenue.

Analysts were expecting earnings of 39 cents a share on revenue of $2.1 billion

Ipod Steve jobs Electronics ITunes