Weekly Highlights: Apple's Stock Split Surprise, iPhone Sales And More

This week, Apple AAPL surprised the world when it announced an unprecedented 7-for-1 stock split. The company also revealed the latest sales performance of the iPhone, which proved that Apple still has what it takes to break smartphone sales records. The iPad, on the other hand, experienced a notable decline. Meanwhile, WWE Network WWE soared to new heights and became the number-two player in live streaming. Google GOOG accidentally allowed consumers to purchase Glass far longer than it had planned. Netflix NFLX pre-announced a forthcoming price hike. CrowdRise raised more than $20 million from some very big players in the tech and entertainment spaces. And smart wallet apps could soon be dethroned by an actual, physical smart wallet. Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.