Weekly Highlights: iPhone 6 Event Confirmed, Image Leaks, Pricing Speculation And More
Apple (NASDAQ: AAPL) dominated the headlines this week as rumors, leaks and other tidbits escalated ahead of the company's next big event.
By the way: That event was finally confirmed.
Amazon (NASDAQ: AMZN) had a big announcement to make as well, though it didn't have anything to do with a new product (yet).
Peregrine Semiconductor (NASDAQ: PSMI) discussed its surprising buyout deal with Benzinga.
And a new report claims that smartphone growth could slow down in the near future.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
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iPhone 6 Event Confirmed For September 9
Technically speaking, Apple did not confirm that the iPhone 6 will be unveiled on September 9.
The invitation is very telling, however. The "9" in the date appears to be a "6" (in Apple's iconic font) that has been flipped upside down. It may be subtle, but that is exactly the kind of hint Apple likes to drop before an event.
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Will The iPhone 6 Be Cheaper Or More Expensive Than The iPhone 5S?
Analysts don't entirely agree on how much Apple will charge for the iPhone 6.
Sean Udall, the CIO of Quantum Trading Strategies, told Benzinga that the next iPhone should offer a familiar pricing structure. He expects the 4.7-inch model to retail for $199 (with a contract), while the 5.5-inch iteration should fall somewhere between $249 and $299 (also with a contract).
Global Equities Research analyst Trip Chowdhry thinks Apple could go even lower and thinks that Apple would be smart to apply a more competitive pricing structure to the iPhone 6.
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Proposed iPhone 6 Leak Was A Concept From July
Bloggers were very excited after China Telecom (NYSE: CHA) leaked the iPhone 6.
Unfortunately, this image is anything but official. It is actually the work of two very good artists.
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Amazon Purchased Another Video Game-Related Company
Two weeks ago, Google was expected to pick up Twitch. Today, we know that the real buyer is Amazon (NASDAQ: AMZN).
No one knows exactly why Amazon was interested in Twitch, but it appears that the online retailer was attracted to the company's growing popularity and its long-term potential.
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Goodbye, Smartphone Growth
Some might find it ironic that, just days before the iPhone 6 is slated to be unveiled, a new report claims that smartphone growth could slow down in the near future.
Investors shouldn't be frightened though: 1.8 billion smartphones are still expected to be shipped in 2018.
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Peregrine And Apple: Will They Reunite?
Peregrine Semiconductor CEO Jim Cable addressed the company's absence from Apple's iPhone 6.
First and foremost, he told Benzinga that the absence "does not have any impact on what that means for us competing for that particular customer going forward."
"The announcements regarding 2015 and 2016, those competitions for those designs are still happening," he added. "Again, we kind of feel good about our position there."
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More Stories You Can't Miss
The preceding slideshow was just the beginning. Check out these other hot stories right here on Benzinga.
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