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Wall Street has modest expectations for Apple's second quarter results, which the company will report Tuesday afternoon.

AppleAnalysts are expecting the company to report that both its sales and earnings fell from the levels it recorded in the same period a year ago.

Wall Street is expecting the company to forecast that its third-quarter results will likely also fall on an annual basis.The tech giant is slated to report its earnings for its fiscal second quarter after the market closes — and, following the company's lead, analysts have exceedingly modest expectations. They're projecting that the company will announce that both its sales and earnings slumped in the period from the year-ago quarter and that they'll do so again in its third quarter.

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clusterstock Gou recently responded to a reporter, 'the cross strait worries I'd move the factory out of China, I'm not the one who is worried. In another words, Xi Jinping needs Gou more. I guess Tim Cook is safe, for now. His friend Terry Gou is running for president of Taiwan.

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