Apple expected to ring up big iPhone sales
Apple is expected to ring up record quarterly results from, what else?, iPhone sales.
Apple's first-quarter revenue, to be reported after markets close today, should easily surpass analyst estimates of $67.3 billion and top earnings estimates of $2.59 a share.
Record iPhone sales should highlight the results. A Fortune panel of 30 Apple analysts expects iPhone sales of 66.5 million, up 30% from the same quarter a year ago.