Apple closes in on 20 million iPhones for Easter

Wall Street analysts as well as their unaffiliated colleagues polled by Fortune’s spreadsheet wizard Philip Elmer-DeWitt are modelling up to 19 million iPhones in the first calendar quarter, Apple’s second fiscal quarter. The estimates range from as low as 13.24 million units (Goldman Sachs’ Bill Schope) to an astounding 19.80 million iPhones (Jeff Fidacaro of Susquehanna). Apple sold 16.24 million iPhones in the lucrative holiday quarter and 8.75 million units in the year-ago quarter. A few other tidbits caught our attention as well…
Quarterly revenues could match the $26.74 billion filed in the holiday quarter ($13.5 billion in the year-ago quarter). iPods are expected to top out at 10 million units versus twice as much shipped in the Christmas quarter. iPad sales should be on par with the 7.33 million units shipped in the previous quarter and Macs are seen closing in on four million units. These are, of course, analysts’ estimates and we all know that Apple consistently blows them out of the water quarter after quarter. Head over at Fortune to catch the rest. Apple, which trades on Nasdaq under the AAPL ticker, will see on May 2 its weighting cut by one fifth on the Nasdaq-100 index that tracks the hundred largest nonfinancial Nasdaq stocks.
The consumer electronics powerhouse is scheduled to release fiscal 2011 second quarter earnings this coming Wednesday right after the markets close. A live webcast of a conference call with analyst, which is due at 5 pm Eastern (2 pm Pacific) will be available here.