On Monday, Jan. 27, Apple will announce the financial results of its first fiscal quarter. When they do, we can expect to see another record breaking quarter for iPhone sales.

As first noted by Fortune, the consensus among 44 analysts is that Apple will announce iPhone unit sales of 55.3 million, or a 16 percent increase year over year. The first quarter of 2013 is the current record holder, at 47.8 million units sold.

Among analysts, Faizai Kara is the most bullish. The Braeburn Group analyst believes Apple sold 59.73 million iPhones during the quarter. Kara’s colleague Ilari Scheinin is the least bullish among the analysts cited. Scheinin believes Apple sold 50 million iPhones during the holiday quarter.

Both are considered independent analysts. Of the professionals, Scott Craig from Merrill Lynch is the most bullish, suggesting iPhone sales of 58.50 million. At the bottom of this list is Andy Hargreaves from Pacific Crest, who projects iPhone sales of 50.93 million units.

Apple announced the iPhone 5s and iPhone 5c on Sept. 10. The new models arrived in stores on Sept. 20.

See also: Worldwide Smartphone Sales Are Expected To Drop During The First Quarter Of 2014, and By 2017, 68 Percent Of US Smartphone Owners Could Be Using An iPhone.