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iPhone 5S, 5C to electrify Apple's quarter-- analyst

The company could sell 31 million iPhones -- including 10 million of its upcoming models -- during the quarter that ends in just over three weeks, according to one analyst.

An iPhone
CBS Interactive

Apple's fiscal fourth quarter may be ending in late September, but at least one analyst expects the company's upcoming iPhones to make a quick impact.

Apple could sell as many as 31 million iPhones in the period that ends this month, including 10 million iPhone 5S and iPhone 5C units, Pacific Crest analyst Andy Hargreaves wrote in a note to analysts, according to All Things Digital, which obtained a copy of the note.

That Apple is selling so many iPhones might not be a surprise. That the company can generate 10 million unit sales in a period of a couple of weeks, though, is a bit of a surprise, given the short number of days Apple has to sell those devices.

According to Hargreaves, Apple will, as expected, unveil a flagship iPhone 5S alongside the iPhone 5C, which he says, "is essentially an iPhone 5 with a different case." Hargreaves expects Apple to unveil the iPhones on Tuesday and then sell them at some point after that this month. Apple's quarter closes September 29.

Things should get even better for Apple in the company's fiscal first quarter. During that period, Hargreaves expects Apple to sell 50 million iPhones, according to All Things Digital. If the company can ink a deal with China Mobile, the world's largest mobile carrier, that number could grow even higher, Hargreaves says.

Apple has yet to confirm that it will actually launch new iPhones next week. However, the company is hosting an event on Tuesday at its Cupertino headquarters, and CNET will be there to cover every last second.