With D-Day (June 29) just around the corner and people already lining up for the iPhone, it is surely one of the most anticipated product in the history of consumer electronics. With all this buzz it is surely Apple who will be having the last laugh. This is how there are over 162 Apple stores and 1,800 AT&T stores or 1962 stores selling the iPhone. The stores will be closing at 4.30pm on friday afternoon and will be re-opening at 6.00pm till 10.00pm for a special extended-hour sales session for you know what. Though AT&T has not disclosed any numbers, other than to say the company is adding 2,000 temporary workers to help out. However each store will have a healthy supply of iPhones. With 1962 stores and around 200 phones per store, Apple stands to sell around 392,000 phones and with each iPhone selling for an average of $550, Apple will rake in around 216 million dollars from iPhone sales alone on June 29.

Here is something for you holding AAPL in your portfolio, strong sales and high margins of the iPhone, June 29 looks to be worth $2 million in profit, or about 2 cents a share.