Weekly Highlights: iWatch Could Skip iPhone 6 Event, iCloud Hacking Not A Problem And More - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

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Apple (NASDAQ: AAPL) is on the cusp of its biggest week.On September 9, 2014, the company will hold a press event to unveil at least one new product or service. It is yet known exactly what

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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

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(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.