Analysts Expect Apple to Report up to 82 Million iPhone Sales for Q1 2016

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Today is the day when all eyes are on Apple: The iPhone maker will report its quarterly earnings after the markets close. This also means that it’s time for analysts to take their best shot at anticipating the number of iPhones Apple sold during the holiday quarter. Fortune’s Philip Elmer-DeWitt has put together a list of amateur and professional analyst estimates.

As it turns out, the majority of Wall Street analysts have high expectations from Apple: They estimate fiscal Q1 2016 to be the most profitable quarter it has ever recorded, with iPhone sales driving most of the profits.

You may recall that after the launch of the iPhone 6, Apple broke its previous records by reporting the sale of 74.5 million iPhone units in a single quarter. As for Q1 2016, Wall Street analysts have thrown in numbers ranging from 67 million (Chris Cano, Susquehanna) to 82.9 million (this top estimate belongs to Ovi Popescu, an amateur analyst).

Horace Dediu of Asymco believes Apple has sold 80.8 million units, while Gene Munster of Piper Jaffray is a bit more conservative with 76 million, just like Katy Huberty of Morgan Stanley – an often-cited analyst – who puts iPhone sales at 74 million.


So how many iPhones did Apple sell in the holiday quarter? We’ll find out in just a few hours.