Abstract. The multicorns are the connectedness loci of unicritical antiholomorphic polynomialsz d +c. We investigate the structure of boundaries of hyperbolic components: we prove that the structure of bifurcations from hyperbolic components of even period is as one would expect for maps that depend holomorphically on a complex parameter (for instance, as for the Mandelbrot set; in this setting, this is a non-obvious fact), while the bifurcation structure at hyperbolic components of odd period is very different. In particular, the boundaries of odd period hyperbolic components consist only of parabolic parameters, and there are bifurcations between hyperbolic components along entire arcs, but only of bifurcation ratio 2. We also count the number of hyperbolic components of any period of the multicorns. Since antiholomorphic polynomials depend only real-analytically on the parameters, most of the techniques used in this paper are quite different from the ones used to prove the corresponding results in a holomorphic setting.