normm
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User security, privacy issues draw sharp contrast between Apple iOS, Google Android in FBI encrypti
Not current iPhones. This is a 5c, which doesn't have the secure enclave hardware -- this is the last model where the encryption is enforced just by software. And the thing they're planning to brute force is a four-digit unlock code. But the precedent is still bad. With a huge enough effort, Apple could modify the chips on an existing iPhone. They should avoid starting down this path.slimpotato said:What bothers me is that Tim Cook seems to be implying that it is actually POSSIBLE for Apple to comply with the FBI Order. That means current, existing iPhones (like the SUBJECT DEVICE) are NOT secure, and already have a back door. The FBI are NOT asking for a NEW version of iOS with a backdoor. They are asking Apple to "crack" an existing iPhone so that brute-force attack can be made. It may not technically be a backdoor for the encryption, but if there is a way to gain access to the data using a "brute force" approach, then it is the same thing. The data is ultimately NOT secure. I want Apple to make a phone that even THEY cannot crack. I thought they had claimed such, and it is disturbing to find out that that was apparently wrong.
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Apple, Inc CEO Tim Cook's piqued peek at Peak iPhone
I think Amazon is the last of the dot-com bubble stocks. During the bubble, the usual business plan was to give stuff away, get high volume, and make money for the investors on the stock price. Twenty years later pets.com is gone, amazon.com still makes no profit, and Jeff Bezos is worth $45 billion from his stock. I like Amazon and buy a lot of stuff from them, but if they ever try to raise their prices significantly I'll just buy somewhere else. Apple had almost two and a half times the total revenue of Amazon last year just selling their own stuff, a 40% gross margin, and their revenue grew faster than Amazon's, year over year. I'm not saying AAPL should have an insane PE like Amazon, but their current one is insane.brucemc said:As for everyone's favourite company to compare to Apple - Amazon - in this case it isn't simply that they have next to no profits. The company has chosen specifically to invest almost all its money into growth (capex, devices, services) all the time, thus not showing earnings/profit per say, but growing the business. That is why analysts tend to look at cash flow as another metric for a company. Here Amazon is showing consistent growing cash flow every year. Ability to generate cash shows that they "could" have profits (to some degree) if they wanted to. Now, I still think Amazon is overvalued (I wouldn't put my own money there), but it isn't like some here think - they have a PE of almost 1000 so there is some conspiracy against Apple.
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Apple sells 74.8M iPhones, rakes in $75.9B in revenue in company's biggest quarter ever
Crazy the way APPL is evaluated. The company's market valuation is less than twice its accumulated profits. And even though iPhone sales and profits are up 50% from three years ago, the stock price is lower now than it was in September 2012.
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AT&T CEO says US encryption policy is up to Congress, not Apple
In a sane world, we would only have to point out that criminals can install (using Xcode) or sideload (via corporate app store or jailbreaking) any apps they like with uncompromized encryption. Apple can't prevent this. So we lose our privacy, and make our devices vulnerable, FOR NOTHING.
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Donald Trump promises to make Apple manufacture in US instead of China
Why not just outlaw foreign trade altogether? Foreigners don't deserve to have jobs, and we need to bring home all low-paying jobs, no matter how much the rest of the economy has to pay to make it happen. /s
