Apple’s profit expectations may fall short

Along with many other large corporations, Apple has shown some signs of being affected by our current recession, which is likely to continue in the near future. According to Thomson Reuters, Apple is expected to have a 13% year-over-year increase in earnings to $1.42 a share, which is above Apple’s own expectations of between $1.18 to $1.23. However, some people on Wall Street are expecting even more of Apple…