Apple’s Fiscal Q3: Analysts Expect Revenues Up 8.5 Percent, Earnings Up 18.1 Percent

Apple is set to report its earnings for its fiscal Q3 after the market closes today and Fortune has rounded up the opinions of 34 analysts in order to compile expectations as to what numbers the Cupertino company will announce.

The average forecast of the 34 analysts is that for year-on-year revenue will have grown by 8.5 percent, with earnings up 18.1 percent.

The bulk of that growth is, unsurprisingly, down to the success of the iPhone, sales of which are expected to have grown by 14.5 percent. Much of that growth has been attributed to iPhone sales in China and Japan, given Apple’s relatively recent China Mobile and NTT DoCoMo deals.

Mac and accessory sales as well as iTunes revenues are also expected to be up on last year.

It’s not looking so rosy for the iPad and iPod, according to the analysts, with the average expectation suggesting iPad sales will be relatively flat and iPod sales almost halving year-over-year. Apple has previously described the iPod as a “declining business”.

Below are the individual analyst’s estimates (pros in blue, amateurs in green, Apple’s high and low guidance in red):

We’ll be bringing you the actual numbers as Apple announces them and coverage of the earnings call that is set to follow.