Apple could reveal iPhone sales as high as 57.5 million later today. At least, that's the forecast from Sanford Bernstein analyst Toni Sacconaghi Jr.
In an investor's note out Monday, Sacconaghi noted that Wall Street expects Apple to report around 55 million iPhone handsets sold in the final three months of 2013 -- which is actually Apple's first fiscal quarter of 2014. But Sacconaghi said he believes the Street is underestimating the benefit to Apple from "carrier additions and an earlier China launch relative to the iPhone 5 cycle." During the quarter, Apple added Japan's NTT DoCoMo to its carrier lineup … Read more