SLIDESHOW: Twitter's IPO, Apple Unveils Two iPhones And More From The Second Week Of September
It is amazing how one story can take over the Internet.
Twitter, the world's second-largest social network, is going public.
It won't happen overnight, but the mere mention of its IPO -- and confirmation that it has filed an S-1 with the SEC -- has excited the masses.
While this wasn't the only notable story from the week, it definitely was the most surprising of the bunch.
Before Twitter stole the spotlight, Apple (NASDAQ: AAPL) unveiled the iPhone 5S and iPhone 5C.
And Samsung (OTC: SSNLF) announced that its next-gen smartphones would feature 64-bit processors.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at 248-636-1322 or louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Twitter is no longer afraid to go public.
After years of speculation, the company announced (via Twitter, of course) that it had submitted an S-1 to the SEC for a planned IPO.
Not much else is known (the submission was confidential), but potential investors are already excited.Image Source: Wikimedia Commons
Apple (NASDAQ: AAPL) fulfilled expectations and delivered two new iPhones this week.
The first is known as the iPhone 5C. It is a lower-cost, plastic-covered version of last year's iPhone 5, just as anticipated.
Apple's second iDevice turned out to be the iPhone 5S, which comes with the same fingerprint-scanning technology that has been rumored for months.
Both devices will be released on Friday, September 20.Image Source: Wikimedia Commons
Wal-Mart (NYSE: WMT) says that its prices are "always low."
This week the retail giant decided to put its money where its mouth is and reduced the price of the iPhone 5C and iPhone 5S.
Apple (NASDAQ: AAPL) has yet to release either device, but that didn't stop Wal-Mart from taking preemptive action.Image Source: Wikimedia Commons
Google's (NASDAQ: GOOG) Moto X is not ready to break any sales records.
All told, that will only allow Google to sell about 1.2 million Moto X units per quarter. That may sound like a small number, but demand may not be great enough to sell more.Image Source: Wikimedia Commons
In a move that could be described as, "Anything you can do I can do better," Samsung (OTC: SSNLF) announced that it will have 64-bit processors in future phones.
The announcement came after Apple (NASDAQ: AAPL) added a 64-bit processor to the iPhone 5S.
Samsung has spent the last year trying to one-up Apple at every turn. By adding 64-bit processors after Apple, it suggests that the company was caught by surprise.Image Source: Wikimedia Commons
Notebook shipments may continue to decline in 2014.
Hewlett-Packard (NYSE: HPQ), an industry stalwart that has relied heavily on notebook sales to boost revenue, may suffer the most.
The company is rumored to be forecasting fewer notebook shipments for 2014.
The shipments may decline even further in 2015.Image Source: Wikimedia Commons
The video game industry may finally come out of its slump.
While things are nowhere near as bad as some bloggers claim, the industry has not experienced much meaningful growth since October 2011.
Now that is beginning to change.
Sales rose one percent in August and should continue to rise every month this fall with the release of new games like Take-Two's (NASDAQ: TTWO) Grand Theft Auto 5.
Both are due in November 2013.Image Source: Wikimedia Commons
See what else is going on in the world of technology.
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