The sound for my iPod Touch just suddenly stopped while I was listening to an audiobook. I can't hear music, either, though I can still hear sound when I play a movie online.
Mac Book Pro and iBook G4,
Mac OS X (10.5.7),
I have ilife '09 installed; Mobileme; Aperture and Final Cut
First back up everyting! Then restore, not restor to back up might be a software problems. If after a back to factory restore. Reload a few songs just a few, no vidoes, photos or apps. If you still have sound problems than it is hardware and if you are still under warranty call them up and tall them. I have the same problem. I am suggesting a restore before you call. It can take awhile. That way you can tell them you have done it. I am sending mine back t be fixed, they are sending me the packing material. Good luck
Hold down the "Home" button and the "Sleep/Wake" button until you see the Apple logo.
Let it do it's thing and it should reset and then restart itself.