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Weekly Highlights: Apple Inc. iWatch Could Skip iPhone 6 Event, iCloud Hacking Not A Problem And More

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Weekly Highlights: Apple Inc. iWatch Could Skip iPhone 6 Event, iCloud Hacking Not A Problem And More

Apple Inc. (NASDAQ: AAPL) is on the cusp of its biggest week.

On September 9, the company will hold a press event to unveil at least one new product or service. It is not yet known exactly what Apple will introduce, but many expect the iPhone 6 to be the highlight of the event.

Until then, Apple rumors may continue to dominate the headlines. This week the rumors involved the iWatch (which might skip the upcoming event).

At the same time, analysts and security experts shared their thoughts on the iCloud hacking controversy.

Elsewhere in technology news, handset makers -- including Amazon (NASDAQ: AMZN) -- have reportedly ordered fewer units than expected. Worse yet, Microsoft (NASDAQ: MSFT) could reduce its orders for Lumia-branded Windows Phones.

Lastly, Progressive Insurance (NYSE: PGR) teamed up with a startup to reward safe drivers.

Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.

Posted-In: Amazon Apple iCloud iPhone 6 iWatch Microsoft Progressive InsuranceTech Best of Benzinga

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  • iWatch Might Skip iPhone 6 Event

    iWatch Might Skip iPhone 6 Event

    Apple's long-awaited September 9 event will almost certainly involve the company's next iPhone. The iWatch was rumored to join in on the fun, but a new report claims that may not be the case.

    Apple might actually wait until 2015 to unveil the company's first smartwatch, which is reportedly still undergoing engineering verification testing.

    Image Source: Wikimedia Commons

  • iCloud Hacking Won't Hurt iPhone 6 Event

    iCloud Hacking Won't Hurt iPhone 6 Event

    Apple investors can rest easy knowing that the iCloud controversy is unlikely to interfere with the company's upcoming press event.

    Benzinga reached out to numerous experts (including those who specialize in security) and none of them seemed overly worried about Apple's future.

    "I don't think it's really going to matter at all in the long term," tech industry expert Jeff Kagan told Benzinga.

    "I honestly think that it will blow over rather quickly," said Brett Golden, president and co-founder of The Chart Lab.

    Image Source: Wikimedia Commons

  • Things Aren't Looking Good For Amazon's Fire Phone…

    Things Aren't Looking Good For Amazon's Fire Phone…

    Investors might want to take this one with a grain of salt, but a new report claims that handset manufacturers in Taiwan have not received as many orders as they anticipated from Amazon.

    Facebook was also mentioned in the report, which is interesting because the company is not a smartphone manufacturer.

    To make matters worse, Microsoft could reduce its orders for Lumia-based Windows Phones.

    Image Source: Wikimedia Commons

  • …But Things Are Looking Good For Phablets

    …But Things Are Looking Good For Phablets

    Phablets may never outsell their smaller counterparts, but Apple is still expected to release a larger iPhone this fall.

    IDC's latest report might explain why.

    According to the report, phablet shipments will reach 175 million units in 2014, outpacing laptops by five million units.

    In 2015, phablet manufacturers may collectively ship 318 million units to retail. By comparison, only 233 million tablets are expected to be shipped next year.

    Image Source: Wikimedia Commons

  • Apple And Gaming: A Match Made In Heaven?

    Apple And Gaming: A Match Made In Heaven?

    After tackling smartwatches and television sets, Apple will need another new product category to go after. Could it be video games?

    Sean Udall, the CIO of Quantum Trading Strategies, thinks that the answer is yes.

    "An obvious area that Apple could probably come in and disrupt massively -- and I mean massively -- is probably gaming," Udall, who authors The TechStrat Report, told Benzinga.

    "Think of a Kinect on steroids," he said of an Apple game machine. "You could have a completely touch-less gaming environment. That would be very interesting."

    Not everyone is convinced that Apple should head in this direction, however.

    "I don't see gaming," tech industry expert Jeff Kagan told Benzinga. "I see the devices. But the devices are continuing to grow and they're continuing to be more important to more people in more ways."

    Brett Golden, president and co-founder of The Chart Lab, thinks that Apple should focus on other things.

    "I think there's much better, more exciting markets to go after than the gaming industry," Golden, whose company provides quantitative advice solutions for retail and institutional investors, told Benzinga.

    Image Source: Wikimedia Commons

  • Zubie And Progressive Team Up

    Zubie And Progressive Team Up

    Connected car startup Zubie announced that it had teamed up with Progressive Insurance to reward consumers who drive safely.

    "The Progressive partnership is really powerful and really interesting," Tim Kelly, CEO of Zubie, told Benzinga.

    "Progressive has been the market leader in the insurance category in using usage-based information to help rate policies. Because our Zubie customers are out driving everyday, we are able to capture the same type of information in our cloud that Progressive uses for underwriting purposes in its Snapshot program."

    Image Source: Wikimedia Commons

  • More Stories You Can't Miss

    More Stories You Can't Miss

    The preceding slideshow was just the beginning. Check out these other hot stories right here on Benzinga.

     

     

     

     

     

     

    Image Source: Wikimedia Commons

 

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